Key Signals Point To Massive Gains Ahead

Key Signals Point To Massive Gains Ahead

08 Jan Crypto News

Key Takeaways:

Bitcoin’s short-term activity hits 36%, signaling the late bull cycle stages.
Crypto may decouple from equities, hinting at potential new all-time highs.
Risk management remains crucial amid possible overheating scenarios.

According to the latest report from CryptoQuant, the cryptocurrency market looks to have reached the late stages of the current bull cycle. Bitcoin is shining bright in maturity during this growth phase, spectacularly up since January this year.

A key metric that reflects the huge activity of this market is that 36% of Bitcoin has been traded for less than a month, while this is lower than peaks in past cycles, it remains consistent with a long-term downwards trend in the ratio.

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