Bitcoin Bear Market Maybe Nearing Its End, CryptoQuant CEO Suggests
Bitcoin
bitcoin
Bitcoin Bear Market
Bitcoin ETF inflows
btc price
crypto market analysis
cryptoquant
On-chain data
short squeeze
TLDR: Bitcoin broke a six-week range, surging to $79,400 amid strong spot demand. (78 chars) Spot Bitcoin ETFs saw $1.92 billion in inflows over five trading days. (73 chars) Short-term holder cost basis near $68,500 was reclaimed as support. (70 chars) A $3 billion short squeeze fueled the rally, raising questions on durability. Bitcoin’s bear [...]
The post Bitcoin Bear Market Maybe Nearing Its End, CryptoQuant CEO Suggests appeared first on Blockonomi.
Source: Source: Blockonomi