📣Attention crypto enthusiasts! Despite the recent drop in the price of Bitcoin (BTC), independent analyst Arsen predicts a monumental rebound to $330,000 in the current bull cycle. 🚀

🔹According to Arsen, the "smart money" (institutional investors, market experts, and other financial professionals) have been accumulating Bitcoin during its recent correction cycle, indicating a long-term bullish bias for the leading cryptocurrency.

🔹Arsen notes that declines are nothing new in Bitcoin bull cycles, which occur every four years and witness explosive growth in price.

🔹Despite the correction, CoinShares data shows that institutional investors were buying the dip.

🔹Furthermore, a weekly report from on-chain analytics platform CryptoQuant noted that large Bitcoin investors, or “whales,” have continued to increase their holdings during the recent price drop.

🔹Some analysts suggest that Bitcoin's correction is far from bottoming, but most remain convinced of a long-term bullish scenario, similar to Arsen's $330,000 price target.

What do you think? Do you think Bitcoin will reach $330,000? Comment below! 💬