CryptoQuant says bitcoin rebound remains a bear-market recovery, not a trend reversal

The Block·

CryptoQuant says bitcoin rebound remains a bear-market recovery, not a trend reversal

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CryptoQuant emphasizes that bitcoin's recent rebound should be viewed as a bear-market recovery rather than a trend reversal, citing historical data and market patterns. This assessment suggests that the current price action may not be indicative of a sustained uptrend.

CryptoQuant said bitcoin's recent rebound should be viewed as a bear-market recovery rather than a trend reversal.