DragonSoars

On August 8, blockchain data analysis company CryptoQuant pointed out that Bitcoin is showing signs of short-term consolidation or mild downward risk after reaching a historic high of $123,000 last month.
The company stated in a report released on Thursday: "Bitcoin has entered a bull market cooling period, with the bullish index dropping from 80 to 60. Although the overall environment remains positive, the upward momentum is weakening. CryptoQuant's bullish index assesses the strength of the Bitcoin market through multiple on-chain indicators, with a value close to 100 indicating strong buyin
The company stated in a report released on Thursday: "Bitcoin has entered a bull market cooling period, with the bullish index dropping from 80 to 60. Although the overall environment remains positive, the upward momentum is weakening. CryptoQuant's bullish index assesses the strength of the Bitcoin market through multiple on-chain indicators, with a value close to 100 indicating strong buyin
BTC0.29%
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