BREAKING
494d 13h ago

Bitcoin’s Accelerated Bull Market Cycle Signals Potential Super Cycle, CMC Research Reports

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Recent findings from CoinMarketCap (CMC) Research, disclosed in their Q3 market analysis, suggest an accelerated trajectory for the current Bitcoin bull market cycle. Historically adhering to a four-year rhythm, this cycle shows signs of a 100-day advance. Critical drivers supporting this trend include robust institutional adoption, the impact of exchange-traded funds (ETFs) for BTC, and evolving market dynamics. CMC Research projects that the crescendo of this bullish market is expected from mid-May through mid-June 2025. Despite the early acceleration, a deceleration in infrastructure expansion hints at a potential shift in broader market trends. These observations underscore the transformative forces influencing the cryptocurrency landscape, making strategic investments and data assessment crucial for stakeholders. The report highlights the importance of monitoring these dynamics for informed investment decisions.

Share News:
Don't Miss Breaking News