Bitcoin Price Slips Below Key Technical Indicators – Is the Bull Market Over?

Bitcoin's price slipped below key technical indicators including the 100-day and 200-day EMAs positioned at $114,635 and $114,180 as it tested lows of $111,800, while CryptoQuant data shows the taker buy/sell ratio falling to -0.86 indicating bearish sentiment similar to January's market top that preceded a 32% decline.

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