According to Mars Finance, cryptocurrency analyst Willy Woo tweeted that Bitcoin demand and supply have been bearish since the halving in April, but a reversal pattern may have begun to appear in the past four weeks (still unconfirmed), and it will take more time to break through the historical high. Bitcoin has not entered a bear market, but is just waiting for a re-accumulation pattern.
Willy Woo: Bitcoin has not entered a bear market, it will take more time to break through the historical high
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