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Bitcoin.com News|Feb 19, 2025 14:46
🚀 Bitcoin’s Bull Run Still Intact?
According to @ki_young_ju, CEO of @cryptoquant_com, a 30% pullback to 77K wouldn’t mean the bull market is over. He highlights key on-chain data:
📊 ETF & custody wallets: Holding at 89K
📊 Binance traders: Holding at 59K
📊 Miners: Holding at 57K
Historically, dropping below miner cost basis signaled bear markets—last seen in May 2022, March 2020, and Nov 2018.
What’s your take? Would a dip to 77K worry you?
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