You Are Wrong About The Bear Market 🤡
We need to shatter a popular myth right now. You probably feel like we have been stuck in the mud for twelve months. It feels like the market has been beating us up for a year.
However, Julio Moreno from CryptoQuant is calling bluff on that narrative.
He looked at the on chain data and the results are surprising. #bitcoin $BTC actually smashed all time highs and kept printing green candles for the vast majority of 2025.

Technically speaking, that was a bull year. The chart only really turned ugly at the very end.
Moreno argues that the actual regime flip did not happen until early November 2025. That is the moment the music stopped.
This is frightening because it means we are not at the end of the tunnel. We are just walking into the cave. If you thought the last few weeks were rough, you need to prepare yourself because this down cycle is fresh out of the oven.
> Read more: www.thecryptofire.com
