🚀 Bitcoin Market Cycle Breakdown:
🔴 Deep Bear: Below Realized Price, signaling maximum pessimism. 🔵 Early Bull: Between Realized Price and True Market Mean, showing early signs of recovery. 🟠 Enthusiastic Bull: From True Market Mean up to ATH, with excitement building up. 🟢 Euphoric Bull: Above previous cycle's ATH, driven by FOMO and market euphoria.
📈 Currently, #Bitcoin is aiming to shift from Enthusiastic 🟠 to Euphoric 🟢, having briefly touched the 2021 ATH of $69k in March 2024. Are we ready for the next big rally? 🔥
