Cointelegraph••1 min read
Bitcoin Bear Market: Metric Indicates Downtrend, Potential 2026 Bottom
According to reports, a specific metric suggests that Bitcoin has been in a bear market for approximately two months. An analyst at CryptoQuant, Julio Moreno, predicts that based on Bitcoin's realized price and historical performance, Bitcoin may reach a bottom in the range of $56,000 to $60,000 sometime in 2026. The analysis focuses on historical price data to project potential future price movements, but does not include specific details on the methodology used.
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