🚀 **Bitcoin's Bullish Resurgence: Is the Bear Market Over?** 🚀
Bitcoin (BTC) has bounced back spectacularly after a sharp decline, sparking debates on its future. The Bitcoin bull-bear market cycle indicator has shifted from bearish to bullish, hinting at a possible extended rally. Prominent trader Plan B and CryptoQuant's Ki Young Ju are optimistic, citing increased institutional interest and long-term holder accumulation.
📊 **Key Insights:**
- **Bull-Bear Indicator:** Now bullish, suggesting market optimism.
- **Institutional Demand:** Major players are buying in, signaling confidence.
- **Long-Term Holders:** Accumulating BTC, indicating strong market faith.
What do you think? Is Bitcoin set for a bull run or are we in for more turbulence? Share your thoughts in the comments! 💬