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š„š„Bitcoin's Next Phase: Riding the Wave of Euphoria and Volatility!š„š„
The cryptocurrency bull run appears poised to enter its second and final stage, characterized by euphoria and significant price swings, as outlined by James Check, the lead on-chain analyst at Glassnode.
In an exclusive interview, he noted that the initial enthusiastic phase of the bull market, which commenced in October 2023, concluded following Bitcoin's record-breaking surge in March.
Check forecasts that the forthcoming phase will see escalating excitement and heightened volatility, fueled by increased media coverage of Bitcoin, leading to surging demand.
He elaborated that prices are expected to continue their ascent until supply aligns with demand.
Check also highlighted that the current bull market ranks among Bitcoin's most robust, with minor corrections and swift support indicating a prevailing positive market sentiment.
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~Crypto Insiders