$SXP

Bitcoin's bull market is ushering in a second climax! Historic signals have reappeared, indicating that long-term holders are about to usher in a new round of profit opportunities.

Crypto Dan, an analyst at CQ Korea, conducted an in-depth analysis and believed that Bitcoin is currently in the second wave of the bull market cycle. By comparing the historical cycles in 2013 and 2020, he pointed out that the peak of the bull market is usually divided into two stages, in each stage, long-term holders can achieve two profits. And this time, Bitcoin's trend is surprisingly similar to these two historical cycles.

Crypto Dan used the SOPR (Spent Output Profit Rate) chart provided by CryptoQuant to reveal a key point: long-term holders are cashing in profits, but this does not mean the end of the Bitcoin bull market, but may push it to a higher peak as in the past. SOPR values ​​greater than 1 indicate that these long-term holders are using profits to harvest, but market sentiment has not reached its peak.

As expectations of global interest rate cuts gradually become a reality, market liquidity is expected to increase significantly, and investors tend to deploy in advance, thereby driving prices up. Crypto Dan predicts that by 2025, Bitcoin may usher in a bigger explosion, and long-term holders are expected to be surprised again.

Although there will be fluctuations in the short term, this cannot conceal the long-term upward trend of the bull market. Investors, what are you still hesitating about?