Tuur Demeester identifies ascending Bitcoin bull phase
@TuurDemeester: Tuur Demeester on Bitcoin bull phase
Bitcoin has embarked on its second leg of the current bull run, according to Tuur Demeester.
This surge is largely attributed to growing institutional participation, rising inflation, and fear of missing out among older generations. Demeester, a prominent cryptocurrency analyst, highlights that the enthusiasm from these segments continues to boost Bitcoin's trajectory upwards.
The increased interest from institutions and individuals who have traditionally been skeptical of digital currencies is a significant driver of this uptrend. Demeester's observations come as the market responds to macroeconomic factors and evolving investor sentiment.
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In the previous news, tweet author Tuur Demeester discussed Bitcoin's decentralized nature in the face of regulatory challenges.
