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‘Bear market rally’: CryptoQuant breaks down bitcoin’s recent price rebound

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TL;DR:

CryptoQuant said bitcoin’s recent rebound looks like a “bear market rally,” with demand conditions less negative but weak.

Key Points:

  • ‘Bear market rally’: CryptoQuant breaks down bitcoin’s recent price rebound
  • Involves BTC cryptocurrency
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    ‘Bear market rally’: CryptoQuant breaks down bitcoin’s re... | NewsCR