Bitcoin euphoria is here: Analyst sets roadmap for ‘euphoric phase’
Bitcoin (BTC) is on a bull market after breaking out of its all-time high of $73,800, fuelling market euphoria. Historically, this “euphoric phase” will last for a few months before making a new top and reversing back down. Ki Young Ju, founder and CEO of CryptoQuant , greeted Bitcoin’s euphoria and warned investors about the “euphoric phase” roadmap. In particular, the crypto executive and analyst highlighted that “euphoria” usually lasts three to 12 months, except for 2021’s cycle. According to him, euphoria started two weeks ago, and 99.3% of all BTC addresses are in profit right now. Picks for you Dogecoin on track for a 100% rally to $0.82, analysts predict 6 mins ago Buy before it soars: Key levels to watch as Solana (SOL) targets ne...