Adam Livingston: Bitcoin bear market nears end as on-chain data shows resilience

Adam Livingston: Bitcoin bear market nears end as on-chain data shows resilience
Bitcoin bear market may end soon

Adam Livingston contends that Bitcoin’s current bear market phase is nearing its end based on a review of 20 different on-chain indicators.

He highlights metrics such as MVRV, realized price, and NUPL as evidence that the prolonged bearish sentiment is losing momentum and the network remains robust.

Livingston has previously noted that Bitcoin holders have endured severe market drawdowns and industry disruptions, including exchange collapses, in recent years here. He has also commented on the importance of institutional legitimacy for major indexes like the S&P 500, citing the role of GAAP profitability here. The analyst continues to track key indicators across digital and traditional markets.

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