CoinVoice has learned that, according to Cointelegraph, CryptoQuant Research Director Julio Moreno stated on the Milk Road program that, based on indicators such as the one-year moving average, Bitcoin may have entered a bear market two months ago. Moreno predicts that, based on Bitcoin's actual price and historical performance, the bear market bottom in the next year could be between $56,000 and $60,000.
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CoinVoice has learned that, according to Cointelegraph, CryptoQuant Research Director Julio Moreno stated on the Milk Road program that, based on indicators such as the one-year moving average, Bitcoin may have entered a bear market two months ago. Moreno predicts that, based on Bitcoin's actual price and historical performance, the bear market bottom in the next year could be between $56,000 and $60,000.