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🚨 CryptoQuant Warns Bitcoin Is Repeating a 2022 Bear Market Pattern
Bitcoin was rejected near the 200-day moving average around $82.4K — the same level that marked a major turning point during the 2022 bear market.
🔹 Demand remains weak
🔹 ETF flows have turned negative
🔹 Market sentiment has fallen back into “extreme fear”
CryptoQuant says failure to reclaim the 200-day MA could keep downside pressure on BTC, with $70K emerging as a key support zone.
👀 Is this just another correction, or the start of a deeper pullback?
$BTC
#GateSquarePizzaDay