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🚨 CryptoQuant says Bitcoin is in a bear market. Julio Moreno, Head of Research at CryptoQuant, told BeInCrypto that "basically every on-chain metric or market metric confirms" Bitcoin is in the early stages of a bear market — with spot ETFs now net sellers since early November and institutional demand at its lowest in 8 months. Moreno sees a possible bottom as low as $56,000. Bitcoin trades near $75,901 after touching $74,781 — its lowest since August 21 — with $1.05B in crypto liquidations in the last 24 hours and the Fear & Greed Index at 25 (Extreme Fear). #Bitcoin #BTC #CryptoQuant #BearMarket #CryptoNews #BitcoinNews #CryptoMarket #Zimbuck

🚨 Bitcoin is heading for its WEAKEST October in six years! Bitcoin traded around $80,800 on Wednesday morning, down more than 4% for the month — a sharp break from history. Since 2020, Bitcoin has gained an average of 18.1% in October. US buyers have stayed on the sidelines all month: spot demand has been negative every day since October 14, and CryptoQuant's Bull Score has cooled from 90 to 60. All eyes now turn to today's Federal Reserve decision at 2:00 PM ET — markets expect rates to hold, but Chair Kevin Warsh's press conference could reset expectations for December. Is this just an October blip, or the start of a longer cooldown? 👀 Follow @zimbuckapp for verified crypto and stocks news daily. 🔗 zimbuck.com | [email protected] #Bitcoin #BTC #CryptoNews #BitcoinNews #Crypto #Investing #FinanceNews #Zimbuck