Markets· ★★★· bullish·

CryptoQuant CEO says new bitcoin bear market is unlikely

  • —Realized cap confirms fresh capital is entering bitcoin
  • —Old large holders have stopped selling while miners ramp up output
  • —Retail traders have left the bitcoin futures market
  • —Growing stablecoin supply does not necessarily mean BTC buying
Why it matters: The call from a leading on-chain analyst supports the view that the market has found a floor, though spot demand remains weak.
Source: Incrypted