Bitcoin Bull Market 'Second Phase' Begins - Is the $100,000 Target Within Reach?

Bitcoin is entering the 'second phase' of a historic bull market, seemingly poised for a new round of rally! On-chain data analysis platform CryptoQuant shows that Bitcoin's current trend is astonishingly similar to 2017, and long-term holders (LTH) have shifted from recent sell-offs to solid holdings, indicating a continuous influx of new capital into the market.

On-chain data sends signals: Is the bull market ready to explode?

Key on-chain data, such as the Coin Days Destroyed (CDD), reveals an important trend: increased activity from long-term holders and significant net capital inflow. The market as a whole shows signs of recovery, and market experts are increasingly focused on the possibility of Bitcoin hitting a new all-time high. This data suggests that Bitcoin has not only entered the 'second phase' of the bull market, but may also see accelerated price increases, with the psychological barrier of $100,000 seemingly within reach!

Bull Market Strategy: Aim for Entry Opportunities

At this moment, as Bitcoin's on-chain activity continues to rise and market sentiment gradually improves, it is the golden time for investors to position themselves for the bull market. The 'second phase' of the bull market may bring once-in-a-lifetime opportunities, making it wise to bottom-fish, follow trends, or even take bolder positions at high levels!

Are you ready to hop on the bull market express? Follow us for the latest updates, and let's meet at the peak of the bull market!

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