According to CryptoQuant analyst MorenoDV, Bitcoin has entered the "early bull market" zone for the first time since March 2023, signaling that Bitcoin is moving out of a deep bear market phase and showing signs of market structure recovery. Historically, similar signals appeared after deep pullbacks in early 2019 and early 2023, followed by stronger upward trends. However, he cautions that this signal does not necessarily indicate the start of a new bull market. A similar signal appeared in March 2022 but turned out to be a local top, followed by continued declines. MorenoDV believes that while current indicators show improved market momentum, some market data is already showing signs of fatigue. If prices fail to break further upward, this signal might be closer to a local top rather than the beginning of a new bull market. https://(wublock123.com)/news/cryptoquant-bitcoin-enters-early-bull-market-since-march-2023-60930