<ul><li>The CEO at on-chain analytics firm CryptoQuant has declared the end of the Bitcoin bull cycle.</li><li>Based on the Realized Cap data, the CEO believes that the lack of price increase despite capital inflows is a bearish signal for Bitcoin.</li><li>However, another analyst argues that the Realized Cap has not witnessed significant drawdowns and continues to rise, indicating investor confidence in Bitcoin.</li><li>The recent crash of almost 7% has brought the price of Bitcoin down to $76,500.</li></ul>

Is Bitcoin Bull Cycle Over? This Analyst Thinks Different

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