๐ Bitcoin's Bull Run: The Sequel! ๐ฌ
Despite Bitcoin's recent dip to five-month lows, the crypto superstar might just be gearing up for an encore performance! According to Bybit and BlockScholes, Bitcoin could rally for another 350 days, potentially hitting new highs by Q3 2025.
- **Current Ratio:** Trough-to-peak at 3.5x (way lower than the previous 20x).
- **Recovery Mode:** Bouncing back from a $510 billion market sell-off.
- **Bull Cycle Phase 2:** Nathan Thompson from Bybit says we're in the second phase, with BTC pushing towards unexplored price levels.
Institutions are leading the charge this time, thanks to Bitcoin ETFs. Retail investors, don't feel left outโjoin the conversation below! ๐ฌ
#Bitcoin #CryptoRally #BullRun