#Opinion
🐃 CryptoQuant CEO: Bitcoin is far from a bear market! The "bubble" phase has NOT arrived yet.
⊹ News about BTC accumulation by whales no longer surprises people and has become routine.
⊹ The bull market is not over yet. The daily capital inflow into the crypto industry is $7,000,000,000.
⊹ The BUBBLE phase will begin when Bitcoin's value significantly exceeds capital inflows (people stop buying BTC).
⊹ A BTC correction is still possible, but under current conditions, it is unlikely to exceed 30%. Moreover, the crypto market is expected to grow by more than 30% after a short-term dip.
⊹ Retail investors remain cautious, staying away from Bitcoin, leaving whales to dominate the market.
⊹ Bitcoin is still FAR from its peak, as well as from the start of a bear market!
Previously: Capital inflows
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