Bitcoin is experiencing negative new investor inflows, suggesting the onset of early bear-market conditions as the sell-offs are not being counterbalanced by incoming capital, according to a CryptoQuant analyst. This aligns with market analyses indicating that bear markets often commence when the selling pressure from current holders outweighs the buying power of new entrants, thereby contributing to prolonged bearish market conditions.
CryptoQuant analyst cites negative Bitcoin inflows as bear market indicator
