CryptoQuant: Bitcoin's pullback in this cycle is about 7.61%, with $74,500 as a reference point
2026-10-09 18:29:37
CoinMeta data: According to analyst mac_d from CryptoQuant, Bitcoin has fallen from a high of $87,027 on October 5 to a low of $80,404 on October 9, representing a retracement of about 7.61%. This is close to the average retracement of 7.58% during the 2022-2025 bull market cycle and lower than the historical average retracement of 14.39%. Based on the historical average retracement of 14.39%, the corresponding price would be around $74,500. Analysts suggest building positions in batches around $80,000; if the price drops to the range of $74,000 to $75,000, one could increase their position size.
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Source:Internet
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