BTC Bear Market Alert: $56K–$60K Bottom in Sight 🐻📉
Julio Moreno Head of Research at CryptoQuant, suggests that Bitcoin likely entered a bear market around two months ago.
Speaking on the Milk Road program, he pointed to the one-year moving average and other key indicators that match past bear market behavior.
According to Moreno if history repeats, Bitcoin’s potential bottom could fall between $56,000 and $60,000 sometime over the next year.
BTC
78,260.72
-3.93%