Source: TheMerkle.com
According to the CEO of CryptoQuant, the current Bitcoin bull cycle is poised to continue until mid-2025.
Historically, Bitcoin bull markets have seen old whales taking profits, which typically shifts capital into new accumulation addresses, effectively raising the realized price of Bitcoin. This profit-taking phase, lasting about 18 months, began four months ago in the current cycle.
#Bitcoin Bull Cycle Likely Until Mid-2025
Old whales take profits during bull markets. Their
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Source: TheMerkle.com