Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment

On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno, weighed in on the discussion, stating the drop in bitcoin’s […]

Sep 6, 2024 - 02:00
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Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
Bitcoin Remains Stagnant Amid Declining Demand and Divided Market SentimentOn Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno, weighed in on the discussion, stating the drop in bitcoin’s […]

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