Posted 4/1/2024, 4:30:00 PM
Bitcoin Enters 'Euphoric' Second Phase of Bull Market with High Volatility
- Crypto bull market transitioning to second, "euphoric" phase with sharp price changes
- Current phase started in October 2023 after first ATH; next phase to have more excitement and volatility
- Increased Bitcoin coverage in news will drive up demand, price will rise until supply meets demand
- Current bull market among strongest ever for Bitcoin due to smaller corrections
- Market finding support quickly is a good sign; more insights from on-chain analyst interview
