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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