CEO Cryptoquant: BTC remains in a bull market as long as the price is above $47k.

One of the indicators of a bull market is the average purchase price of Bitcoin and it is currently in the range of $47k-$49k. This does not mean that the course will be adjusted to this level, just a warning that this is theoretically possible.

Good to know the key levels to watch for Bitcoin! Staying above $47k seems crucial for the bull market momentum. Let's keep an eye on those average purchase price ranges as potential indicators.