đ Exciting News Alert! đ
Bitcoin's bull cycle is gearing up for an epic ride! Despite a recent 13% dip from its all-time high, there's no reason to fret. According to CryptoQuant Research, the Bitcoin halving event, just 30 days away, is poised to ignite a massive surge in prices.
Investment from new players is still below peak levels, signaling ample room for growth. With 48% of Bitcoin held by short-term investors, we're in a situation reminiscent of mid-2019, indicating a strong potential for recovery.
And that's not all â the CryptoQuant PnL Index echoes past bull run patterns, suggesting we're far from reaching the peak. The upcoming halving on April 20, reducing miner rewards, historically triggers significant price hikes.
But wait, there's more! Standard Chartered Bank predicts Bitcoin could hit $150,000 by 2024's end, with a cycle top potentially soaring to $250,000 in 2025.
Intrigued? You should be! With spot Bitcoin ETFs performing well and unique market dynamics at play, the future looks bright for Bitcoin investors. Don't miss out on this golden opportunity! đ°đ #BTC #bitcoin #InvestmentOpportunity #BullishTrends