Bitcoin Regime Score Returns to Neutral as Price Holds Near $84,000
- —Bitcoin Regime Score hit +52 on September 19 and +64 on September 22 before falling to +5
- —Bitcoin Regime Confidence dropped from 50% to 22%, near a monthly low
- —Bitcoin held near $84,000, keeping most of its weekly gains
- —Mike McGlone questioned whether $60,000 marked the cycle bottom
Why it matters: Conflicting model signals point to a lack of a sustained trend, raising the risk of sharp moves if the score breaks above +30 or below -30.
Source: ForkLog