BTC | MARKET WATCH

Bitcoin enters ‘initial phase’ of new bull market, but $83K remains key: CryptoQuant

RISK CHECK
CryptoQuant says Bitcoin’s 24% rally has flipped key market indicators bullish, though rising profit-taking could bring near-term turbulence.

MARKET TRANSLATION
The useful signal is the market response: sustained volume, a defended level, and follow-through.

Base case: neutral. Reassess if price action contradicts the headline.

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Source: cointelegraph.com