06:33
CryptoQuant CEO: Bitcoin would only be confirmed to enter a Bear Market if it falls below the 94K cost zone.
Odaily News CryptoQuant founder and CEO Ki Young Ju posted on the X platform, stating that the average cost for Bitcoin investors who got on board in the past 6 to 12 months is around $94,000. He mentioned that the Bear Market cycle can only be confirmed if the price falls below that cost range, and it is still not advisable to draw conclusions too early; it is better to maintain a wait-and-see approach.
BTC-6.05%

