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Bitcoin slips toward $62,000 after rebounding from last week’s low
CryptoQuant says improving demand, seasonality and valuation support could allow further gains, even as its Bull Score Index remains bearish.
Bitcoin slipped to around $62,000 after rebounding from a reported low near $57,700 from last week, according to Bitcoin Magazine.
The outlet cited CryptoQuant, which pointed to improving demand, seasonality and valuation as factors that could support additional upside, while noting its Bull Score Index remains bearish, signaling the move is likely a bear market recovery rather than a full trend reversal.
Latest closeBitcoin $63,168.34 ▲1.5%
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