CryptoQuant says bitcoin has entered bull market but needs to cross $83,000 for ‘official’ confirmation

The Block3h agoUpdated 2h ago
CryptoQuant says bitcoin has entered bull market but needs to cross $83,000 for ‘official’ confirmation
Smart Read

"Historically, bitcoin's bull markets have 'officially' begun when price crosses above its 365-day moving average," CryptoQuant said.

Coins in this story

BTC
₹78,010.00
-1.34%

Discussion

Related stories

CoinTelegraph

SEC sends crypto custody rule overhaul to White House for review

The securities regulator’s crypto custody overhaul could clarify how investment advisers and funds hold digital assets for clients as the proposal moves through review.

CoinTelegraph

77% of Americans see crypto in retirement plans as risky: Survey

A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.

CoinTelegraph

Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data

Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.