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Bitcoin hovers at key market levels, Quinten Francois points out

Bitcoin hovers at key market levels, Quinten Francois points out
Bitcoin near key market levels

Quinten Francois observes that Bitcoin is currently trading around its 200-week moving average, realized price, and the previous cycle all-time high.

He highlights that sentiment is at its lowest, noting that this pattern typically marks the bottom of every bear market.

Earlier this month, Francois noted that Bitcoin had reached its realized price of around $54,000, a level seen in prior bear markets. In a separate update, he highlighted rapid growth in Chainlink adoption, stating that LINK remains undervalued by the crypto market. These observations follow ongoing commentary from Francois on market cycle indicators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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