Here’s When Traders Can Expect The Next Crypto Bull Run!
TBitcoin market cycles exhibit several unusual asymmetries. At the end of a bull market, investors tend to become overly optimistic, leading to a temporary parabolic rise in prices. When a bull market comes to an end, rapid price growth poses a risk of bursting the speculative bubble, and one can see participants getting greedy.
According to cryptoquant
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Followers: 0 Show profile CEO ki young ju 
what a young man founder and CEO at cryptoquant Ki-Young Ju, the founder and CEO of CryptoQuant, a South Korean on-chain analytics platform, is a newcomer to cryptocurrency. Ju worked as a software developer before founding CryptoQuant in 2019. Before that, he worked on a different type of analysis, focusing on business. Ju began to focus more on the cryptocurrency space, with CryptoQuant seeking to provide indications and tools for professional Bitcoin, Ether and stable coin analysts and traders. ContractorInvestorMarket analyst Followers: 0 Show profile could the next Bitcoin parabolic bull run be triggered by the transfer of USDC held by TradFi institutions to exchanges.
In his recent analysis, Ki Young Ju has just pointed out a new factor to look out for in identifying the next bitcoin organization 
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Followers: 0 Show profile (BTC) parabolic bull run. Read on!
Young Jus 4 characters:
The expert tweeted that the bull run could begin if large amounts of the dollar-pegged stablecoin USD Coin (USDC) are to flow into the exchanges.
- Ju cites statistics showing that 94% of USDC in circulation cannot currently be bought or sold on an exchange. Common financial organizations like blackrock
black stone Fintech solutionAdvisoryInvestment platform Followers: 0 Show profile Fidelity and Goldman Sachs goldman sachs Multinational investment bank Followers: 0 Show profile among others, has the vast majority of this supply.
- Off-exchange tokens will be issued in the market when the customers of these institutions place orders for USDC to be distributed, Ju added, possibly setting off the bull rally.
- He later elaborated that “crypto-native stablecoins” such as BUSD and USDT have come to market, as opposed to the preferred USDC for institutional investors.
- Despite the bear market, the amount of Binance USD (BUSD) available on exchanges has increased noticeably. Currently, 70% of available supply can be found on exchanges. This could be a sign that crypto locals are starting to save money. Tether (USDT), meanwhile, has 25% of its supply listed on exchanges.
The On-Chain Activity: What Does It Indicate?
To wait out the market downturn, investors have been hoarding Bitcoin, according to the company’s CEO, who also observed that older Bitcoins now make up 74% of the total market capitalization.
Another chain statistic that indicates high investor confidence is Bitcoin’s hash rate. According to data from YCharts, the bitcoin hash rate – a measure of the amount of computing power used to protect the network – has increased by nearly 90% in the past year.
The bottom line
In any case, the two phases of the market cycle share a basic feature: identifying their respective peaks and troughs is limited to hindsight. Since most investors expect either larger increases or decreases when prices are at their extremes, they never appear clear when they first form.
