- Santiment announced that the prices of crypto and equities have declined.
- BTC is currently struggling to stay afloat above the 200 EMA.
- RSI, BBP, and CMF could show signs of the bear season for BTC.
Analyzing the current market, Santiment, a market intelligence platform, took to Twitter to announce that the prices of crypto and equities have declined together after witnessing a bull run at the start of 2023. Santiment also pointed out that Bitcoin and altcoins have corrected a bit.
The 4-hour trading chart shows that BTC witnessed a sudden vertical jump just a few days after the golden cross was made during the intersection of 50 EMA and 200 EMA. During BTC’s bull run, the price kept on going upward.
