Crypto Prices May Find Their Floor Mid-2025, Coinbase Flags Bear Market Signals ⋆ ZyCrypto
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Coinbase researchers suggest that crypto prices may find their floor in mid-2025 before a wider recovery. The Bitcoin (BTC) price trades below the 200-day moving average, signaling a bearish trend that puts traders on high alert. Furthermore, the COIN50 index dropped in several key metrics, indicating caution in a range of altcoins.
Bullish Outlook Wanes
A new Coinbase institutional report depicts the current market realities amid evolving macro trends. According to the release, converging signals may be forming at the start of a crypto winter, as negative sentiments overshadow the bulls. This year, Bitcoin has faced major obstacles to its potential uphill run. The crypto…
