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CryptoQuant Analyst: Bitcoin Price Reclaims Above Fair Value, The Bearish Dominance Has Reversed
Deep Tide TechFlow News, on March 16, CryptoQuant analyst Axel Adler Jr. posted on social media that Bitcoin’s current price has regained its position above the Fair Value, and the market structure has undergone a significant change compared to two weeks ago.
Axel Adler Jr. pointed out that two weeks ago, the market was dominated by bears, with Bitcoin’s price below the Fair Value, and the model he used was in a “Bear Regime.” As of now, this structure has completely reversed — the price has risen above the Fair Value, signaling the end of the bear control over the market.