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CryptoQuant Analyst: Bitcoin Price Returns Above Fair Value, Bearish Dominance Reversed
Summary: According to reports, CryptoQuant analyst Axel Adler Jr. stated on social media that the current price of Bitcoin has returned above fair value, marking a significant shift in market structure from two weeks ago. Adler Jr. noted that two weeks ago the market was dominated by bears, with Bitcoin price below fair value and their ...
According to reports, CryptoQuant analyst Axel Adler Jr. stated on social media that the current price of Bitcoin has returned above fair value, marking a significant shift in market structure from two weeks ago. Adler Jr. noted that two weeks ago the market was dominated by bears, with Bitcoin price below fair value and their model in a 'Bear Regime' state. However, the structure has now completely reversed - price has risen above fair value, signaling the end of bearish control over the market.
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Link: CryptoQuant Analyst: Bitcoin Price Returns Above Fair Value, Bearish Dominance Reversed [Copy]