Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?

On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the bear phase. The “Network Activity Index” here refers to an indicator from CryptoQuant that essentially tracks the amount of activity that the BTC network is witnessing source: https://www.newsbtc.com/bitcoin-news/bitcoin-activity-bear-warning-opportunity/