The recent appearance of a golden cross in the SOPR Ratio indicator, a rare event exclusive to bull markets, signals a potential strong rise in the crypto market. This is the second such signal in the current upward cycle that began in January 2023. Historically, such signals precede significant market increases within two months. As the cycle progresses, we anticipate larger rises with shorter adjustment periods. Should this trend continue, a steep rise could occur by late 2024 to early 2025, potentially attracting new investments and driving the market to new heights.
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