CryptoQuant: The bull market score index is still at a low level. If it breaks through 60, BTC will continue to rise sharply

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MarsBit
03-24
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Mars Finance News: Blockchain data tracking company CryptoQuant stated that its "Bull Score Index" dropped to 20, the lowest value since January 2023. According to CryptoQuant analysts, if the index remains below 40 for an extended period, it may indicate that the bear market conditions will continue. Historical data shows that Bitcoin requires the index to break through 60 for sustained significant increases. Additionally, Sean Farrell, Head of Digital Asset Strategy at Fundstrat, noted that the unpredictability of Trump's policies has made the market nervous, with crypto assets relying on trend funds being particularly vulnerable. (Marketwatch)

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