CryptoQuant Sees Bitcoin’s Potential Bottom Near $53,600 CryptoQuant said Bitcoin’s potential bottom may be near $53,600, its current reali…
CryptoQuant Sees Bitcoin’s Potential Bottom Near $53,600
CryptoQuant said Bitcoin’s potential bottom may be near $53,600, its current realized price, though research head Julio Moreno stressed this is only a “valuation bottom candidate,” not a confirmed cycle bottom. The firm said Bitcoin demand remains deeply unfavorable, with total demand falling by 652,000 BTC last week, 30-day ETF demand growth dropping to -74,000 BTC, and realized holder losses over the past 30 days still below historic capitulation levels.