This Bitcoin Momentum Signal Preceded Last October’s Crash — Another Downturn Incoming?
After a steep downturn in early February, the Bitcoin worth noticed a major turnaround over the next two months. While the month of May initially continued on this constructive word, the premier cryptocurrency appears to have cooled off over the previous week — aligning with BTC’s monitor report of not registering three consecutive months of constructive worth motion throughout a bear-market 12 months. Interestingly, latest on-chain observations recommend that bother is likely to be brewing for the Bitcoin worth, at the very least within the close to time period.
Could The Bears Take Over The Bitcoin Market Again?
In a brand new publish on the X platform, crypto analytics agency Bitcoin Vector explained that the present waning bullish momentum is likely to be a extra damning sign for Bitcoin than it’s perceived to be. According to the market intelligence agency, BTC’s worth momentum doesn’t have to show deeply adverse earlier than traders listen.
Bitcoin Vector highlighted that the Glassnode momentum indicator, which measures the pace and power of worth actions (in a selected course) inside a interval, has witnessed a pointy downturn in latest days. The analytics platform famous that whereas the main focus can be on the momentum turning adverse, the +0.5 mark is the extent to look at.
According to Bitcoin Vector’s evaluation, worth momentum crossing beneath +0.5 is the primary sign that the upward pattern is likely to be fading and sellers is likely to be overtaking the market. The analytics agency revealed that the final two occasions the flagship cryptocurrency misplaced this essential degree, the BTC worth construction shifted.
Those final two occasions embody: October 2025, when the Bitcoin worth abruptly crashed to simply above $100,000, and February 2026, when the market chief fell to round $62,000. Bitcoin Vector famous that these strikes have been characterised by a weakened spot CVD (cumulative quantity delta), a return of vendor management, and a deteriorating worth construction.
Recent on-chain information present that worth momentum stays above +0.5 — albeit at round +0.7. “But if it loses that degree whereas Spot CVD retains weakening, warning rises quick. That can be the primary sign that deterioration is beginning beneath the floor,” Bitcoin concluded.
Ultimately, the world’s largest cryptocurrency appears to be at a essential juncture, with the waning worth momentum probably signaling what is to come over the subsequent few weeks.
Bitcoin Price At A Glance
As of this writing, BTC is valued at round $75,950, reflecting an over 2% worth decline prior to now 24 hours.