Bitcoin Bull Run | Bitcoin Enters Euphoric Final Phase

As the bitcoin bull run continues forward, investors brace themselves for the transition into the second and final phase, marked by euphoria and frenzied price movements. James Check, lead on-chain analyst at Glassnode, sheds light on this impending shift, offering insights into what lies ahead for the digital asset market.

Bitcoin Bull Run: Second Phase of the Market

According to Check, the current phase, characterized by enthusiastic bullish sentiment, commenced in October 2023 and reached its peak when bitcoin soared to an all-time high earlier in March. However, Check predicts that the next phase will be defined by heightened excitement among investors, leading to increased volatility…

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