Bitcoin Rejected at 200-Day Average as CryptoQuant's Bull Score Hits 'Extremely Bearish' 20!

Bitcoin has stalled at $77,900 after failing to clear its 200-day moving average near $82,400 — the line traders treat as the dividing point between a bear-market bounce and a genuine recovery. CryptoQuant's latest report pins the failure squarely on demand: the three pillars that drove the…