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BTC Market Now ‘Extremely Bearish,’ Says QCP: Asia Morning Briefing

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2 months ago 2 months ago

BTC Market Now ‘Extremely Bearish,’ Says QCP: Asia Morning Briefing


Sam Reynolds
by Sam Reynolds 2 months ago2 months ago
BTC Market Now ‘Extremely Bearish,’ Says QCP: Asia Morning Briefing




On-chain metrics shows BTC entering an “extremely bearish” phase, with potential downside to $91K or even $72K if key support fails, though Glassnode sees it as a mid-cycle correction rather than full capitulation.



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