Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO

price

CryptoQuant CEO said a key price metric is now mirroring the pattern seen during Bitcoin’s 2023 recovery, and he interprets that similarity as evidence the recent bear market has ended. That observation suggests Bitcoin may be entering a renewed upward trend driven by improving on‑chain signals and returning investor confidence. If the metric continues to track the prior recovery, price momentum could persist, though macroeconomic factors and market volatility remain potential dampeners.

DYOR - Single Source

This feed has limited sources. Do your own research before making decisions.

Sources (1)

<![CDATA[https://cointelegraph.com/markets/bitcoin-bear-market-over-as-price-metric-copies-2023-recovery-cryptoquant-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound]]>

AI Research

AI deep dive is generated automatically for verified feeds.