Early Signals Point to Start of Bitcoin Bear Market

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Between persistent weekly drawdowns and stagnant ETF flows, some think the Bitcoin bull market top is already in.

Is the Bitcoin bear market already starting to rear its head? One new piece of market data suggests this could be the case.

As of Monday, Bitcoin is entering what could be its fifth negative weekly close in a row. Historically, Bitcoin has never closed five consecutive weeks in the red outside of a bear market environment.

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