🔗 Original | Author Crypto Dan 📈 View Chart "Key Conditions for a Trend Reversal in the Cryptocurrency Market" Bitcoin is currently trading below the average price of coins traded 6 to 12 months ago. Generally, when the Bitcoin price is below these average prices, it can be considered a broadly downward trend, and further declines should be considered. Conversely, if the Bitcoin price breaks above the average price of those holding 6 to 12 months, the overall market trend could shift to an upward trend, and further increases could be expected. Currently, these average prices are around $100,000. Since Bitcoin, which has been trading sideways, has recently attempted a rebound, breaking above this average is a key factor. If it fails to break above this level, the market remains in a downtrend. In conclusion, whether the market will experience an upward turn depends on whether it passes this point, and the outcome is expected to be swift. ✏️ One-Line Summary #BTC recovering to the 6-12-month average holding price of $100,000 is a key turning point that determines whether a bullish trend will occur. [Sign up for a free CryptoQuant membership] Sign up using the link above to enjoy one month of the Advanced Plan free of charge. Analyze market trends in-depth with on-chain data! ✖️ Official CryptoQuant X (🇰🇷Korean) ✈️ Official CryptoQuant Telegram (🇰🇷Korean)