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Bitcoin Demand ‘Seems Stuck’ – Expert Reveals It’s Too Early To Call It A Bear Market

  • Bitcoin has dropped over 29% from its January all-time high, raising concerns about a possible bear market.
  • The recent downturn has been attributed to macroeconomic instability, global trade war fears, and tightening financial conditions.
  • CryptoQuant CEO highlights the Bitcoin Apparent Demand indicator, suggesting weak demand at the moment.
  • Bitcoin needs to reclaim key levels to restore market confidence and avoid further declines.

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