Bitcoin dips into bear market zone though realized price shows room for growth to $127,000

10/09/2024 17:29
Bitcoin dips into bear market zone though realized price shows room for growth to $127,000

Realized price suggests Bitcoin's cyclical potential amid subdued market sentiment

Bitcoin dips into bear market zone though realized price shows room for growth to $127,000 Bitcoin dips into bear market zone though realized price shows room for growth to $127,000 2 mins ago · 3 min read

Realized price suggests Bitcoin's cyclical potential amid subdued market sentiment.

3 min read

Updated: Oct. 9, 2024 at 11:31 am UTC

Bitcoin dips into bear market zone though realized price shows room for growth to $127,000

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin's recent activity has analysts split: are we witnessing the end of the 2024 bull run or merely a temporary pause before an even bigger surge in 2025? While the CryptoQuant indicator shows a shift to a bear phase, historical data suggests a bull peak often occurs much later. The realized price chart, a key predictor, indicates Bitcoin is at the middle of its cycle. Could this mean a new all-time high is still on the horizon, and just how high might it go? Discover the potential forecasts...

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