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

Bitcoin 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 … source: https://coinpedia.org/news/bitcoin-price-news-cryptoquant-confirms-bear-market-eyes-70000-support/