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Bitcoin Price News: CryptoQuant Confirms Bear Market, Eyes $70000 Support

The post Bitcoin Price News: CryptoQuant Confirms Bear Market, Eyes $70000 Support appeared first on Coinpedia Fintech NewsBitcoin has entered a bear market as demand weakens and large investors reduce exposure, blockchain analytics firm CryptoQuant said on Thursday, warning prices could fall toward $70,000 or even $56,000 in the longer term. CryptoQuant said bitcoin demand growth has slipped below its long-term trend since early October, meaning the main drivers of this cycle ...

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