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Bitfinex warns of bearish signals as Bitcoin continues to consolidate

Bitcoin (BTC) has maintained a trading range between 91,000 USD and 102,000 USD amidst ongoing geopolitical tensions. With only a 4.3% peak-to-trough weekly movement and a 0.82% gain, analysts highlight minimal directional momentum during this prolonged consolidation, reflecting cautious investor sentiment.

Realized losses indicate increased sell-side pressure, with the Inter-Exchange Flow Pulse signaling a bearish market shift on February 15, 2024. Despite Bitcoin’s stable price, the persistent losses among investors point to declining market sentiment and the possibility of further declines.

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