Skip to content
Subscriber Only

Crypto Market Stuck in Negative Trend With Bitcoin Below $10,000

  • DVAN analysis shows crypto index is stuck in a negative trend
  • Bitcoin struggles, continues to consolidate post-halving: Moya

With major digital coins failing to break out meaningfully in recent weeks, crypto markets can’t seem to pull out of a funk.

Based on the DVAN Buying and Selling Pressure Indicator -- which depicts bull/bear trends -- the Bloomberg Galaxy Crypto Index appears to be stuck in a negative trend and is heading further away from the 400 level that’s previously acted as a point of resistance.