CryptoQuant: BTC has reached a critical midpoint in March 2024 and may now be heading towards the peak of the bull market cycle "
According to online reports, CryptoQuant analyst Crypto Dan said that the change in the proportion of Bitcoin trading volume over a 6-to 12-month cycle reflects this round of capital inflows and is closely related to market trends. Normally, the first decline in this indicator marks the end of the early stage of the bull market, and a subsequent decline to a lower level means the end of the bull market cycle. Bitcoin reached its key midpoint in March 2024 and is gradually approaching the peak of this bull market cycle.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
