Bitcoin's trading volume ratio over a 6 to 12-month period is a key indicator of market capital inflow during this cycle, closely tied to market movements. Initially, a decline in this ratio signals the conclusion of the early bull cycle phase. A subsequent decline, lower than the first, typically marks the end of the bull cycle. As of March 2024, Bitcoin has reached a pivotal midpoint, suggesting it is on track to approach the peak of the current bull cycle. This analysis underscores a positive outlook for Bitcoin's market trajectory, highlighting potential growth opportunities.
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