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Market Veteran: If Bitcoin Loses This Level, The Bear Market is Confirmed

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Market Veteran: If Bitcoin Loses This Level, The Bear Market is Confirmed

Ki Young Ju, the CEO of CryptoQuant, has identified the level that, if lost, would confirm Bitcoin (BTC) has entered a bear market. The veteran analyst disclosed this in a post on X today on the back of the panic that has followed Bitcoin's latest downward trend.

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