Markets· ★★★· bearish·

CryptoQuant: Bitcoin's Recovery to ATH Is Taking Twice as Long as the Drop

  • —Recovery to ATH has taken nearly twice as long as the decline
  • —Bitcoin is only about 40% of the way back to its all-time high
  • —Spot demand is weak while futures dominate trading activity
  • —CryptoQuant compares the cycle with 2015, 2018 and 2022
Why it matters: A prolonged recovery points to a longer cycle, meaning traders should brace for extended volatility around key resistance levels.
#BTC
Source: Coinfomania
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