Financial Focus News Is the Bitcoin bull market over? Let's discuss the recent trends and the position of BTC in the bull cycle.

Is the bull market for cryptocurrencies and Bitcoin ended? Here are what you need to know. Judging from the global M2 money supply, BTC is in a slight upward trend, and the biggest breakthrough will occur between April 30 and early May. Meanwhile, other analysts expect Bitcoin price to rise to $440,000. The cryptocurrency market has been facing a sharp downward trend since the beginning of this year. This has led investors to doubt the current situation of a bull market in cryptocurrencies or Bitcoin. Some expect the bull market to end in recent adjustments, while others are barely optimistic. Even after the market began to recover in recent days, concerns remained. Let's discuss recent trends and where BTC is in the bull cycle. A bull market in cryptocurrency refers to a long-term sharp rise in the price of digital assets. At the beginning of this year, BTC’s price hit a high of $109,100, but is currently only $84,100, and its continued consolidation has frustrated many. However, key points of the latest data suggest that the cryptocurrency/bitcoin bull market is far from over, with many new major breakthroughs appearing in the trajectory of the future. According to Colin Talks Crypto, BTC is in a short-term rebound, with a rebound peak likely to form in mid-to-late March. This shows that the rebound is still developing and the current consolidation is temporary. More importantly, the global M2 money supply correlation is the best way to analyze the trajectory of this rebound, as Bitcoin prices change with the liquidity measure M2 data. According to statistics, there are two possible timelines, both bullish. Scenario 1 (70-day shift) predicts a strong rise around March 25, while Scenario 2 (107-day shift) indicates a sharp decline from April 30 to early May. What does this mean for the Bitcoin bull market? Colin concluded that there are 2-3 days left before the peak of this slight rebound. More importantly, the 107-day offensive is in line with the current situation, so the rebound will form around April 30. BTC has at least three days to end this small rebound. He added that it seems that M2 Global supply is most appropriate to the 107-day offset period. The estimated outbreak date is around April 30. Overall, this means that the continuation of the historical pattern may lead to short-term volatility, especially after this small rebound peaks. However, the real acceleration of the cryptocurrency and Bitcoin bull market may not happen until April or early May, when global liquidity is expected to rise. After two months of tough times and cryptocurrency market losses of more than $1 trillion, the recovery in Bitcoin’s price sets a more optimistic tone. The rebound comes as a rebound in a wider financial market, including stocks. More importantly, the regulatory clarity of the Securities and Exchange Commission (SEC) (they propose to classify XRP as a payment asset rather than a securities) has affected investor sentiment. Interestingly, renowned cryptocurrency analyst Josh Mandel predicts that the price of BTC will reach $440,000, which increases investor confidence in the asset and the market. This is several times higher than the current price and sounds like a fantasy. However, how can we underestimate the madness of the cryptocurrency market? Of course, market forecasts are just references. Investors need to pay attention to changes in the global economic environment, regulatory dynamics and market sentiment in order to more accurately judge the future trend of Bitcoin. So the question is, will you choose to hold at this stage or take advantage of the situation to increase your position? Or continue to wait and see? In any case, remember that investment is risky and you need to be cautious when entering the market! See you next time! Disclaimer: The content of this video, the views and opinions expressed by the author or anyone mentioned in this article are for reference only and do not constitute financial, investment or other advice. There is a risk of financial loss when investing in or trading crypto assets. #Financial News#Financial Focus#International News