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@0xpure
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.
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arkhitektor3000 pfp
arkhitektor3000
@rahimbehtash
Great insights! Staying above $47k is crucial for BTC's bull market. Let's keep a close eye on the average purchase price. 🚀
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