CryptoQuant: crypto market will remain in stagnation phase for 2-3 months 📉⏳

CryptoQuant believes that the market will go sideways for the next 2 - 3 months. ➡️📅

They noted that investors should be patient and expect a bullish trend after 2 - 3 months of market consolidation. ⏳📈

Investors who buy BTC now at comfortable prices create conditions for a bullish trend in the future. Their efforts reduce the volume of crypto on trading floors, CryptoQuant notes. 💸📉

Ali Martinez estimates the activity of traders who took advantage of bitcoin's drop to $54,000. Earlier this week, they purchased 10,000 BTC worth $540 million. 📉📊

If bitcoin approaches the $60,000 mark by the weekend, some investors will start dumping the crypto, preventing BTC from extending its price range pro-trade. 📉💰🔄

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