CryptoQuant reports that Bitcoin's Bull-Bear Index has fallen to its lowest level since the 2022 FTX collapse. This index gauges market momentum through the difference between Bitcoin's MVRV ratio and its 365-day moving average. While current readings are low, they have not yet entered the extreme bear market zone historically associated with market bottoms.
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CryptoQuant's Bitcoin Bull-Bear Index Reaches Lowest Since FTX Crash, Not Yet in Extreme Bear Ter...
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BTC
67,188.47
-1.03%