$BTC
BTCUSDT
Perp
88,220.6
+0.03%
đ¨#Bitcoin entering a bear market? These 3 signals say so
Bitcoinâs three-year rally may be over, with signs pointing to the leading cryptocurrency entering a prolonged bear market.
Thatâs according to blockchain data firm CryptoQuant, whose researchers said in a Friday report that investors should be prepared for the end of Bitcoinâs four-year cycle.
Buyer exhaustion means the biggest digital coin could still drop as low as $56,000, the report noted. But it reassured investors that such a move was unlikely â if Bitcoin does drop that low, it would be the sharpest drawdown in a bear market on record.#Ripple1BXRPReserve
