The momentum indicator, a key metric that measures the current market price in relation to its value ten days ago, has now shifted into negative territory. This development signifies that Bitcoin’s recent price fluctuations have predominantly been in a downward direction. Investors place great faith in the momentum indicator as it helps validate prevailing market trends and provides insight into when a trend may start to lose its momentum. With the current negative momentum, it is a clear indication that the market is experiencing a renewed downward trend. For the latest technology news, visit NEWSLINKER.
