CryptoQuant says bitcoin rebound remains a bear-market recovery, not a trend reversal
Covered by 3 sources · 3 articles
3 outlets - including Cryptonews, Crypto-economy and Theblock - are covering this story. Bitwise strategist Juan Leon calls Bitcoin's 50% drawdown the mildest structural bear market on record, while CryptoQuant reads the 10% bounce off $57,700 as a bear-market recovery. The post Bitcoin’s “Mildest” Bear Market Yet: Analysts Spl…
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Bitcoin’s “Mildest” Bear Market Yet: Analysts Split on Timing as Rebound Signals Recovery, Not Reversal
Bitwise strategist Juan Leon calls Bitcoin's 50% drawdown the mildest structural bear market on record, while CryptoQuant reads the 10% bounce off $57,700 as a bear-market recovery. The post Bitcoin’s “Mildest” Bear Market Yet: Analysts Spl…
CryptoQuant Warns Bitcoin Rebound May Be a Bear Market Rally, Not a Trend Reversal
TL;DR: CryptoQuant says Bitcoin’s 10% rebound from last week’s $57,700 low to around $63,000 remains a bear-market recovery, not a confirmed reversal. Demand has improved after 30-day total Bitcoin demand contracted by about 650,000 BTC in…
CryptoQuant says bitcoin rebound remains a bear-market recovery, not a trend reversal
CryptoQuant said bitcoin's recent rebound should be viewed as a bear-market recovery rather than a trend reversal.