CryptoBearishNewsBTC · 7h ago6/10
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Bitcoin Bottom Zone Now Lies Around $59,000 Based On This On-Chain Metric
On-chain analyst Axel Adler Jr. identifies Bitcoin's bottom zone around $59,000 using the Adjusted Realized Price Bands metric, suggesting a six-month formation period rather than an imminent reversal. The analysis indicates that genuine market recovery depends on sustained investor demand returning, not short-term price bounces, with BTC currently trading around $78,458.
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