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CryptoQuant Analyst: Bitcoin Price Reclaims Above Fair Value, The Bearish Dominance Has Reversed
CryptoQuant analyst Axel Adler Jr. posted on social media that Bitcoin’s current price has once again risen above the fair value, and the market structure has undergone a significant change compared to two weeks ago. Axel Adler Jr. pointed out that two weeks ago, the market was dominated by bears, with Bitcoin’s price below fair value, and his model was in a “bear regime.” As of now, this structure has completely reversed — the price has risen above fair value, and the control of the market by bears has come to an end.