last 24 hours as hopes for a US-Iran deal increase. However, this rise does not signal a bottom for $BTC.
According to CryptoQuant analysts, the data indicates that the bear market in Bitcoin is not yet over. According to CryptoQuant analyst Gaah, the cycle momentum indicators in Bitcoin have failed to return to the neutral zone. Therefore, any signal of a trend reversal in $BTC has not been confirmed.
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