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🚨 The 90-day momentum gradient measurement has fallen below -2.
❓So what does this mean?
✍️ The Gradient Oscillator metric, which shows how far the price has deviated from the average #Bitcoin purchase cost, typically indicates that the end of a correction is near when it falls below the "-2 standard deviation" level. This data suggests that $BTC the price may be nearing the end of selling pressure and that the market could enter a recovery phase.