CryptoQuant: Bitcoin demand drops to lowest bearish level of the year, may create opportunities for long-term investors
According to ChainCatcher, citing on-chain data analysis platform CryptoQuant (@cryptoquant_com), Bitcoin spot demand has dropped to the most bearish level this year, and Bitcoin capital flow ratio has also retreated to a key area that historically marks every major market turning point. Although the short-term trend is bearish, such conditions have historically often created better positioning opportunities for long-term investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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