🔍 According to an analyst from CryptoQuant, the current Bitcoin (BTC) bull cycle may end sooner than expected. The analyst predicts the peak of the bull trend will occur in Q1 or Q2 of 2025 at the latest.

- The bull cycle started in January 2023, after the shock of the FTX collapse. Since then, BTC has recovered strongly, attracting the attention of the financial world thanks to investment instruments such as Bitcoin ETFs.

- The proportion of BTC traded in a month is currently 36%, lower than in previous cycles. This ratio is expected to increase before the bull cycle ends.

- The analyst predicts that BTC will have 2 to 4 strong bull cycles, instead of a single one, leading to overheating and then a bear cycle. 🚀