CryptoQuant CEO declares Bitcoin bear market over as price metric mirrors 2023 recovery
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CryptoQuant CEO Ki Young Ju announced that the Bitcoin bear market is over, pointing to a price metric now mirroring the pattern seen during the 2023 recovery. The convergence of this on-chain indicator with last year’s recovery profile suggests market internals have shifted away from the conditions that defined the prior downcycle. If sustained, that shift could restore investor confidence and draw renewed capital inflows, creating upward pressure on Bitcoin prices. Such signals are probabilistic, not guarantees of immediate or sustained gains.
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