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🟥 $BTC — The bear scenario is ongoing
Kiy Yong Joo from CryptoQuant suggests that the bear market for Bitcoin will last until early 2027. The key trigger is the recovery of unrealized gains; without it, a reversal upward is not expected.
The focus is on the downward trend and the risk of continued weakness. The option of breaking through the ascending channel to sell and targets of $60,000 / $55,000 remains in the realm of expectation.
$BTC