CryptoQuant Places Bitcoin Bear Market Bottom at $55,000 as Key Indicators Show Extended Correction Ahead

TLDR: Bitcoin trades 25% above its realized price of $55,000, which historically marks bear market bottoms February 5 sell-off triggered $5.4 billion in daily losses, the largest since March 2023’s $5.8 billion event Monthly realized losses at 0.3 million BTC remain far below 2022 bear market bottom of 1.1 million BTC Long-term holders selling near [...]

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