CryptoQuant CEO Declares Bitcoin Cycle Theory Obsolete as Institutional Adoption Surges Beyond Expectations
Main Idea
CryptoQuant CEO states that Bitcoin's traditional cycle theory is no longer applicable due to changing market dynamics and institutional influence.
Key Points
1. CryptoQuant CEO argues that Bitcoin's historical cycle theory is obsolete.
2. Market behavior is now influenced more by institutional involvement and macroeconomic conditions.
3. Regulatory clarity and institutional participation are driving a new phase for Bitcoin.
4. Market participants are shifting away from historical cycle-based models to evaluate Bitcoin's trajectory.
Description
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$BTC
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