Bitcoin could stay in a bear market for at least six months, according to the Cryptoquant JU, as data on the series shows a lack of pricing movement of prices.
Bitcoin (Btc) Has begun a rough start in April, falling to lower three weeks of $ 77,077. In the post of APL. 5 On X, JU indicated the current Bitcoin Market setting as a mixture on a table as a market cap and marketplates.
CAP will be achieved determining the real cash to bitcoin based on Wallet moves, while a market cap is based on exchanges. A good market usually is shown in stopping or decline of market capitalization despite increasing in Cap CAP. This appears though capital enters the market, prices are not responding.
JU notes that bulls market takes place when a small capital holding occurs. But, the current bear A movement is supported by the fact that a large capital purchases drive up a bitcoin price. He adds that historical data indicates that the price of Bitcoin's price usually takes at least six months.
According to equality DataThe worst of Q1 was the worst of 2018, release 11.8%. Historically, the loss of the first quarter had been mixed on Bitcoin annual performance. Afrast fear 98% in 2020, but bitcoin came in the year of over 300%. However, Q1 MARK IN 2014, 2018, and 2022 peducted the end of bulls running and pre-in advance markets.
The recent recession comes after the President Trump is applied Tariffs That's on the market market around the world. Although Bitcoin saw an increase of Trump's increase, that he had a powerful economic heat because of these new tariffs, which have raised a fear of decline. The Bitcoin's way of joint against economic uncertainty will be determined in the coming months.
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