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ARK Invest’s December report emphasized Bitcoin’s low relative volatility, noting that its monthly price movements were modest compared to its yearly volatility. This indicates Bitcoin has not yet entered the mania phase of its cycle, suggesting significant potential for further upside in 2025. The report highlighted bullish signals, including strong holder behavior, with 62% of Bitcoin’s supply untouched for over a year, increased mining difficulty, and positive sentiment among short-term holders. ARK concluded that these metrics point to continued market expansion in the coming year. Will we see further upside in Q1 2025? Source: Cointelegraph