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Bitcoin Slips Deeper Into Bear Territory, Cryptoquant Analysis Shows

🤖 GG AI Summary

Bitcoin is currently in a bear market, with Cryptoquant's analysis indicating declining demand, reduced liquidity, and a weakening technical outlook. The report suggests that there is no immediate relief in sight for Bitcoin's downward trend.

Sentiment: 25% Bearish

Bitcoin is entrenched in a bear market, according to new onchain research from Cryptoquant, which shows weakening demand, contracting liquidity, and deteriorating technical structure across the network. Cryptoquant Researchers See No Relief Yet for Bitcoin’s Bear Market In its February “ Bear Market Assessment” report, Cryptoquant researchers report that bitcoin peaked near $126,000 in early […]

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