CryptoQuant's Julio Moreno Suggests Bitcoin Entered Bear Market

2026-01-02 11:49

Julio Moreno, Head of Research at CryptoQuant, indicated that Bitcoin may have entered a bear market two months ago, according to insights shared on the Milk Road program. Moreno's analysis, based on the one-year moving average and other indicators, suggests that Bitcoin's current trajectory aligns with historical bear market patterns. He forecasts that the bottom of this bear market could range between $56,000 and $60,000 over the next year, considering Bitcoin's actual price and past performance.

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