The Bitcoin Dominance Index has recorded its most bearish volume session since February 2021, signaling the strongest negative momentum in more than four and a half years. According to analysis by Master Ananda, this breakdown could mark a key turning point in the cryptocurrency cycle, possibly foreshadowing a crash from the six-figure price levels, he said in a TradingView post on July 20. Bitcoin price analysis chart. Source: TradingView Notably, the bearish signal has emerged as Bitcoin (BTC) attempts to reclaim the $120,000 level after recently hitting a record high above $123,000
source: https://finbold.com/bitcoin-flashes-highest-bearish-signal-in-years-100000-crash-next/