PANews reported on January 2nd that, according to Cointelegraph, Julio Moreno, Head of Research at CryptoQuant, stated on the Milk Road program that, based on indicators such as the one-year moving average, Bitcoin may have already entered a bear market two months ago. Moreno predicts that, based on Bitcoin's actual price and historical performance, the bottom of the bear market over the next year could be between $56,000 and $60,000.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.