CryptoQuant CEO Ki Young Ju said, "BTC broke through the 365-day moving average near $83,000 and surpassed $84,000. The 365-day moving average is a key price level that the market has been watching to gauge whether the bear market has ended. If BTC maintains its price above this line, institutional investors' buying interest could flow in, following the trend. The market will get interesting from now on."
