COINOTAG News reported on April 7th that CryptoQuant’s Head of Research, Julio Moreno, advised caution to investors considering a dip in Bitcoin prices. According to Moreno, the current market indicators suggest that Bitcoin has not shown significant recovery. He highlighted that the Bull Market Score is signaling only one bullish indicator, which may imply continued market volatility. This statement comes during a period of uncertainty in the crypto landscape, with traders urged to thoroughly analyze market conditions before making investments. As cryptocurrency enthusiasts remain vigilant, it’s essential for investors to stay updated on shifts in market sentiment and to exercise prudence in their trading strategies. Maintaining a cautious approach may mitigate potential losses in such a turbulent market environment.
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