🚀 **Bitcoin Bear Phase Alert!** 🚀
- The Bitcoin Bull-Bear Market Cycle Indicator just signaled a bear phase, thanks to rising Japanese interest rates and a stronger yen. 📉
- CryptoQuant's Julio Moreno notes this is the first bear signal since January 2023, post-FTX collapse.
- Historically, this indicator nailed downturns during COVID-19, China's mining ban, and the 2021 bear market.
- CryptoQuant founder Ki Young Ju advises monitoring the indicator for two weeks. If unchanged, a sustained bear market could be on the horizon.
- Ju remains optimistic, predicting a new all-time high if Bitcoin stays above $45,000.
Stay tuned and keep those wallets ready! 💼