The emerging euphoria in the cryptocurrency market is attracting the attention of analysts and enthusiasts such as Doctor Profit, who analyze the growth cycles of Bitcoin (BTC) in detail.
In his opinion, digital gold goes through five key stages that show the general dynamics of the cryptocurrency market. Through his analysis, he indicates what level of Bitcoin means the digital asset has started its supercycle.
5 Key Stages of Growth
On the X (Twitter) social media platform, Doctor Profit provided information about a key moment –the end of the decline period, which occurred in the price range from $16,000 to $25,000. At this stage, there is a potential change in market sentiment, creating foundations for the upcoming uptrend. Investors are starting to respond to signals, and the market is gradually preparing for dynamic changes.
The pre-bull phase, covering the price range from $25,000 to $38,500, is a market recovery period. It means increased activity and optimism of investors. The growing interest also creates foundations for further growth. This stage opens the way to subsequent phases of Bitcoin’s growth.
As the market gains momentum, we enter the secondary pre-bull phase, with the price range hovering between $38,500 and $48,000. This is an important growth trend, building expectations about the future. Investors are trying to take advantage of dynamic price changes, and the cryptocurrency market is entering a period of increased activity.
According to Doctor Profit’s analysis, the golden bull phase starts in the price range of $48,000 to $69,000. A significant price increase, investor enthusiasm, and growing optimism characterize it. This is the stage when the market reaches its peak values , and investor euphoria culminates.
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Author: Harsh Notariya
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