According to the CEO of CryptoQuant, the current Bitcoin bull cycle is poised to continue until mid-2025. Historically, Bitcoin bull markets have seen old whales taking profits, which typically shifts capital into new accumulation addresses, effectively raising the realized price of Bitcoin. This profit-taking phase, lasting about 18 months, began four months ago in the current cycle. #Bitcoin Bull Cycle Likely Until Mid-2025 Old whales take profits during bull markets. Their selling brings new capital into accumulation addresses, raising realized prices. Past cycles had profit realization periods of about 18 months. It started 4 months ago this time. pic.twitter.com/zkc8XxkmHi —
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