The bullish valuation index, developed by analytics firm CryptoQuant, has reached its lowest level since January 2023, raising the likelihood that Bitcoin will enter a new bear market. Bitcoin has experienced a drop of up to 23% from its January peak of $108,786, raising concerns among market participants about a bear market, the company said in an analysis released on Wednesday.
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SoloLei
· 03-21 20:27
thank you for the useful information!
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TerryDavis
· 03-21 19:19
Please no BEAR market, we need MEGA BULL instead!
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TonmoyBD
· 03-21 06:35
APE in 🚀APE in 🚀APE in 🚀bull market 🐂HODL tight 💪HODL tight 💪HODL tight 💪1000x atmosphere 🤑1000x atmosphere 🤑1000x atmosphere 🤑1000x atmosphere 🤑1000x atmosphere 🤑1000x atmosphere 🤑HODL tight 💪HODL tight 💪HODL tight 💪HODL tight 💪HODL tight 💪bull market 🐂bull market 🐂bull market 🐂bull market 🐂APE in 🚀APE in 🚀APE in 🚀APE in 🚀APE in 🚀HODL tight 💪HODL tight 💪HODL tight 💪1000x atmosphere 🤑
The bullish valuation index, developed by analytics firm CryptoQuant, has reached its lowest level since January 2023, raising the likelihood that Bitcoin will enter a new bear market. Bitcoin has experienced a drop of up to 23% from its January peak of $108,786, raising concerns among market participants about a bear market, the company said in an analysis released on Wednesday.