The market has broken above $30k and posted the strongest quarterly returns (+70%) since the Oct 2021 all-time high. Not only that, but weekly returns have also reached +36%, making Bitcoin the best-performing asset class YTD once again.
This strong market performance is a stark contrast to 2022, suggesting a favorable regime shift is underway. On-chain indicators support this notion, and it's worth exploring whether a robust recovery from a bear market is in play and if the bear market is behind us.
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