Crypto Live News
Author: Elena R
Author: Elena R
Elena R 
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
May 17, 2024 18:03
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
In a recent market study conducted by Young Ju, the Chief Executive Officer (CEO) of CryptoQuant, in his findings, he concluded that the price of Bitcoin has already entered the bull cycle and is in the middle of it. Moreover, the star crypto is growing faster than its realized market value, indicating increased adoption of this payment system in the financial system. Furthermore, this trend is expected to continue for two years, which means the bull cycle may end in April 2025.