Markets· ★★★· bearish·

CryptoQuant Analyst Flags $74,500 as Bitcoin Buy Zone on Pullback

  • —BTC fell 7.61% from $87,027 to $80,404 over four days
  • —Average drawdown across five bull cycles is 14.39%; 2022–2025 cycle saw 7.58%
  • —Applying the historical average to the peak points to roughly $74,500
  • —Next support sits at $69,000, the short-term holders' average cost basis
Why it matters: The $80,000 and $74,500 levels define accumulation zones for traders; a break below $69,000 would reinforce the bearish case.
Source: BeInCrypto RU