Bitcoin's recent activity has analysts split: are we witnessing the end of the 2024 bull run or merely a temporary pause before an even bigger surge in 2025? While the CryptoQuant indicator shows a shift to a bear phase, historical data suggests a bull peak often occurs much later. The realized price chart, a key predictor, indicates Bitcoin is at the middle of its cycle. Could this mean a new all-time high is still on the horizon, and just how high might it go? Discover the potential forecasts...
Bitcoin dips into bear market zone though realized price shows room for growth to $127,000 Bitcoin dips into bear market zone though realized price shows room for growth to $127,000
Realized price suggests Bitcoin's cyclical potential amid subdued market sentiment.
3 min read
Updated: Oct. 9, 2024 at 12:23 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
