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Bitcoin approaches key bear market stage, Quinten Francois notes

Bitcoin approaches key bear market stage, Quinten Francois notes
Bitcoin nears final bear market stage

Quinten Francois suggests that Bitcoin may be reaching the final stage of its bear market. The commentary raises the question of whether the $58,000 low will hold or if another decline could occur.

Earlier, Francois highlighted that Bitcoin had reached its Realized Price of around $54,000, a level observed in every past bear market. He has also commented on other digital assets, noting the rapid growth in Chainlink adoption and arguing that LINK remains undervalued. These previous observations offer additional context for his outlook on Bitcoin's current market phase.

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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