While Bitcoin’s price has declined sharply from its recent all-time high of $124,000, the development has caused a wave of concerns and uncertainty within the community. Several metrics are starting to reflect this waning sentiment among investors toward the largest cryptocurrency asset.

A Cooling Accumulation Bitcoin Trend Score

When a crypto asset’s price experiences a persistent downward trend, history reveals that the negative movement mostly hampers investors’ sentiment. The same can be said for Bitcoin, with the current state of its market and the action of investors toward BTC’s recent price pullback .

Following an examination of the Bitcoin Accumulation Trend Score, Glassnode, a leading financial and on-chain analytics platform, revealed that the metric is show

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