<ul><li>Bitcoin (BTC) shows a 2% surge, currently trading at $63,718, but remains confined within an expanding wedge pattern.</li><li>CryptoQuant CEO Ki Young Ju asserts that Bitcoin is still in the middle of a bull cycle, with market cap growing faster than realized cap.</li><li>Axel Adler, an analyst at CryptoQuant, points to the Exchange Flow Multiple, suggesting decreased volatility and potential market stabilization.</li><li>Analyst Maartum cautions that Bitcoin's high open interest rate indicates a potential for volatility and advises against fresh long positions.</li></ul>

“Sorry Bears,” Asserts CryptoQuant CEO as Bitcoin Readies For Fresh Bull Cycle

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