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The worst chart for bitcoin bulls right now

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The worst chart for bitcoin bulls right now

For 14 years, one ratio only moved in bitcoin's favor. Now it has decisively turned the other way and bulls may not like what it means.

The worst chart for bitcoin bulls right now

Source：CoinDesk

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

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Source：https://www.coindesk.com/markets/2026/08/05/the-worst-chart-for-bitcoin-bulls-right-now