🚀 Bitcoin enthusiasts, buckle up! According to a CryptoQuant analyst, the current BTC bull cycle, which kicked off in January 2023, might reach its peak sooner than expected—potentially by Q1 or Q2 of 2025. 📈
The journey began post-FTX crash, with BTC bouncing back from under $20,000, capturing the financial world's attention. As BTC's price soared, the analyst noted we're now likely in the latter stages of this cycle.
Interestingly, the percentage of BTC traded monthly is at 36%, lower than past peaks, suggesting more action before the cycle ends. Expect 2 to 4 sharp spikes, hinting at significant price hikes before a bear cycle. 🌟