These Key Signals Point To A Deeper Crash Ahead — TradingView News
The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon.
Emerging Correlations Among Crypto Prices
The report points to notable trends observed in April of last year, when a 50% increase followed the launch of several spot Bitcoin exchange-traded funds (ETFs_. Specifically, BlackRock’s IBIT fund which boasts over $85 billion in assets under management, subsequently experienced a decline of approximately 25%.
A similar pattern was evident in the early months of this year, where fluctuations were…
