The independent market analyst, Arsen, remains unfazed by the recent drop in Bitcoin's price, predicting a monumental surge to $330,000 in the current bull cycle.

Arsen argues that smart money—institutional investors, market experts, and other financial professionals—has been accumulating Bitcoin during its recent correction phase, indicating their long-term bullish outlook for the leading cryptocurrency.

"This decline is nothing new," the analyst noted, referring to Bitcoin's previous bull cycles, which occur every four years and witness explosive price growth.

For instance, Bitcoin's first bull cycle in 2012 lasted 800 days and saw its price increase by an impressive 9,000%. The subsequent cycles in 2016 and 2020 also lasted around 800 days, with BTC's price rising approximately 3,000% and 1,200%, respectively. #bitcoin☀️ #Bitcoin❗ #BTC☀ #BTC500K #AltcoinInvesting