569.5K @CryptoTony__ So now we have Bitcoin funding becoming positive, so longs are now paying the shorts.
So now we have an influx of people believing the bottom is in and we are ready to bounce. I am not so sure. A flush at some point over next couple days towards $60,000 - $61,000 would be perfect
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88.9K @CoinGapeMedia 📊 INSIGHT: The latest bitcoin:native Cycle Momentum indicator suggests the #Bitcoin bear market may not be over yet, according to CryptoQuant analyst @gaah_im . https://t.co/BKPWU3OSFa
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19.8K @TokenPulseJP 【Chart Analysis📊】
CryptoQuant's gaah_im indicated that, based on Bitcoin cycle momentum, the bear market is still not over.
- Published as an insight by Cointelegraph. $BTC #弱気相場 #CryptoQuant
https://t.co/5KZtFznULx
2.9M @Cointelegraph 📊 INSIGHT: Bitcoin Cycle Momentum indicates the bear market is not over yet, per CryptoQuant’s gaah_im. https://t.co/uMbcXtzisy
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
