Yello, ParadiseClub Members! đ Is the market cycle entering the Euphoria phase? We’re witnessing some exciting factors, and here’s what this means for you:
đAs Bitcoin nudges towards a new all-time high (ATH) and explores uncharted territories, this phase is known as the Euphoria phase. During this period, a whopping 90% of Bitcoinâs supply tends to be held in profitâthat means almost everyone holding Bitcoin is seeing green on their investments. This thrilling phase lasts anywhere from 6 to 12 months when the whole market witnesses massive green candles.
đWhere do we stand in the current cycle? The current Euphoria phase is just kicking off because it has been active for about 2.5 months. A stunning 93.4% of Bitcoin is currently held in profit. This is a clear signal that while the phase is young, the momentum is strong, and the market sentiment is overwhelmingly positive. So, it’s a golden opportunity to assess your strategies and hold the ground because we will witness more green candles ahead.
Stay sharp, focused, patient, and disciplined ParadisersđĨ
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