Analytics Company Says Bitcoin Bear Market Is Over as Bull Market Begins: “They revealed a new bull scenario and…
Key Highlights: BIT Research says Bitcoin’s cycle bottom arrived in late July after the price held above $62,900 and moved above its 21-week moving average. The company estimates Bitcoin’s fair value at approximately $105,000 and identifies about $142,000 as a baseline level for the current cycle. Based on historical-cycle models, BIT Research projects a possible ...