Cryptoquant CEO: BTC remains in a bull market as long as the price exceeds $47,000 ⚡An indicator of a bull market is the average buying price of bitcoins and right now it is in the range of $47k-$49k. This does not mean that the exchange rate will be correct at this level, just a warning that such a thing is possible in theory. And the head of Cryptoquant also gave some financial advice: "Maintain a long-term bullish bias, but avoid excessive risks."