Bitcoin trading near 200-week moving average and realized price, Quinten Francois notes

Bitcoin trading near 200-week moving average and realized price, Quinten Francois notes
Bitcoin outlook stronger than SpaceX now

Quinten Francois expresses long-term confidence in SpaceX but notes a stronger bullish stance on bitcoin at present.

Francois points out that bitcoin is currently trading around 50% below its all-time high, near its realized price, near the 200-week moving average, and at levels close to its previous cycle all-time high support.

Francois has previously highlighted that Bitcoin reached its Realized Price of around $54,000 in line with levels seen during past bear markets. In separate commentary, he has also pointed to rapid growth in Chainlink adoption and argued that LINK is significantly undervalued. His recent comments continue a pattern of tracking value indicators and market positions in major cryptocurrencies.

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