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🐂 Has Bitcoin's Bull Run Not Ended Yet?


According to the latest analysis from CryptoQuant, the current growth cycle of Bitcoin (BTC) may still be in its mid-stage – not near the end as many investors fear.
An important indicator, the (Buy-to-Sell Ratio), has surged to 1.17, the highest level since January 2023. This shows that buying power is significantly outweighing selling, reflecting strong market confidence in BTC's price prospects.
As buying demand remains high, the momentum for Bitcoin to return to the $100,000 mark is still very clear. With institutional inflows showing no signs of weakening and market sentiment improving, the potential for BTC to enter another strong growth phase is entirely possible.
In summary: On-chain data indicates that the bull run is far from over – and perhaps what we are seeing now is just the beginning. Prepare for notable volatility in the coming period.
BTC0.02%
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