
Bitcoin.com News|Feb 19, 2025 14:46
đ Bitcoinâs Bull Run Still Intact?
According to @ki_young_ju, CEO of @cryptoquant_com, a 30% pullback to 77K wouldnât mean the bull market is over. He highlights key on-chain data:
đ ETF & custody wallets: Holding at 89K
đ Binance traders: Holding at 59K
đ Miners: Holding at 57K
Historically, dropping below miner cost basis signaled bear marketsâlast seen in May 2022, March 2020, and Nov 2018.
Whatâs your take? Would a dip to 77K worry you?