๐ฅ ๐๐๐ ๐จ๐๐๐ฃ๐จ ๐๐ง๐ ๐๐ฃ๐๐ง๐๐๐จ๐๐ฃ๐๐ก๐ฎ ๐ฝ๐ช๐ก๐ก๐๐จ๐.
๐จ Bitcoin Bull Cycle Not Over Yet?
According to CryptoQuant CEO Ki Young Ju, the recent surge in #Bitcoin past $94K might be more than just a rebound โ it could be a sign that the bull market is alive and kicking. ๐๐
Ju, who previously believed the cycle had peaked, is now rethinking everything. If BTC breaks above $100,000 before Q4, he says it could invalidate the traditional cycle theory altogether. In his words:
โIf Bitcoin hits new ATH before Q4, Iโm ready to throw out the cycle theory. The permabulls mightโve been right โ itโs โUp Only.โโ
๐ก Whatโs fueling the momentum?
โข Strategic whale accumulation on Binance & Coinbase
โข Institutional buying from major players like Strategy
โข Long-term holders returning to accumulate
โข A broader shift in ownership dynamics
With BTC trading around $92,700, itโs still under its ATH of $108,786 โ but the signs are increasingly bullish.
๐ Is this the beginning of a new phase for Bitcoin, or a final push before correction? Let us know what you think in the comments.