“The determination of a bull/bear market is not as clear as previous cycles, due to the structure of the market changing drastically with institutions entering the space,” said Marcus Sotiriou, an analyst at crypto broker GlobalBlock, in a mail to CoinDesk. “It is apparent that Bitcoin is in a ranging environment (between $29,000 to $69,000 approximately) rather than a trending environment.”
Bitcoin Recovers to $36K Amid Mixed Response From Traders, Polkadot Leads Altcoin Gains
