Bitcoin May Already Be Two Months Into a Bear Market: CryptoQuant

Bitcoin may have already slipped into a bear market roughly two months ago, according to CryptoQuant’s head of research, Julio Moreno, who points to a cluster of technical and on-chain indicators that turned bearish in early November and have yet to recover. Key Takeaways: CryptoQuant says Bitcoin may have entered a bear market in early November. Bitcoin’s drop below its one-year moving average is the key signal confirming a broader trend shift. Moreno expects a potential bear market bottom between $ ...