Bitcoin's Next Bull Run Depends on This Single On-Chain Indicator

Michael Nadeau: Bearish market conditions persist, Bitcoin's fair value is $65,000, and long-term holders signal a potential bull cycle

Bearish trends persist as Bitcoin's fair value targets shift amid changing economic policies. The post Michael Nadeau: Bearish market conditions persist, Bitcoin’s fair value is $65,000, and long-term holders signal a potential bull cycle | Bankless appeared first on Crypto Briefing.

Bitcoin's Next Bull Run Depends on This Single On-Chain Indicator

The cryptocurrency market remained subdued amidst short-term nerves, mixed signals, and no clear direction. Bitcoin also showed limited conviction and was visibly under pressure after shedding over 1% of its value in the last 24 hours. Data shows BTC’s strongest rallies start only after long-term investors absorb unrealized losses and selling pressure fully exhausts itself. Bitcoin Bulls Await Joao Wedson, co-founder of Alphractal, said Bitcoin’…