Bitcoin Could Crash to $92K as Demand Drops 50%, CryptoQuant Warns – Is the Bull Run Over?

Bitcoin faces a potential crash to $92,000 as demand metrics show alarming deterioration across multiple key indicators, with CryptoQuant's head of research Julio Moreno warning that Bitcoin has entered a "soft patch" that could derail the current bull run as apparent demand growth has plummeted by nearly 50% from its May peak of 228,000 BTC to just 118,000 BTC over the past 30 days.