TechFlow news, December 11 — According to Cointelegraph, cryptocurrency analyst Jason Pizzino's latest research suggests that Bitcoin (BTC) prices may not reach a long-term bottom until October 2026. Current BTC trading volume continues to decline, resembling the pattern seen from late 2022 to early 2023, reducing the likelihood of a bull market return in the short term. Meanwhile, CryptoQuant data shows that large investors' share of exchange deposits has dropped from 47% in mid-November to 21% currently, with average deposit amounts shrinking by 36%, indicating weakening selling pressure. If this trend persists, BTC prices could rebound to $99,000. Analysts note that the 200-day simple moving average presents strong resistance, and with insufficient market risk appetite, Bitcoin may need a consolidation period before entering a new phase of market activity.
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