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esmeralda
@esmeralda
Is the Bitcoin bull run ending? Analyst says metrics don’t point to a ‘market peak’ yet Bitcoin (BTC) has entered a three-day bearish trend, falling to $92,000 on Jan. 9, influenced by the DOJ’s approval of a 69,000 BTC sale worth $6.5 billion and spot ETF outflows of $569.1 million. Despite rising concerns about the end of the bull market, analysts remain optimistic. Onchain metrics show sell-side dominance, but these are seen as short-term fluctuations rather than structural shifts. No major peak indicators have been triggered, suggesting more room for growth. Analysts like Alex Kruger highlight upcoming liquidity injections in 2025 as potential catalysts for renewed bullish momentum.
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