Bitcoin Builds a Floor Near $60,000, but On-Chain Data Says the Bear Isn’t Over
Bitcoin (BTC) is carving out a possible floor near $60,000 as spot buyers step back in, yet on-chain valuation and profitability data confirm the market remains firmly in bear territory. The recovery from the early June low has eased pressure on recent buyers without resolving it. Several indicators now point toward stabilization rather than a...
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