Bitcoin Is Getting Closer to the Bottom, But Demand Is Falling: CryptoQuant – Decrypt
In brief Bitcoin moved closer to its realized price, or the average cost basis, for market participants last week as it fell below $60,000. The marker has typically been a key structural point for market bottoms, CryptoQuant said. However, demand is fading and not ready to support price growth, highlighted by significant outflows from Bitcoin...
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