Analysis: "BTC has ample room to rise... bull market continues"

According to DL News, cryptocurrency analyst Noelle Acheson said that "there are no signs of the current Bitcoin bull market coming to an end. Typically, in a bull market, traders who have realized profits would post photos of themselves buying expensive imported cars like Lamborghinis, but that is not the case currently." She added that "Bitcoin still has room to rise further. The recent launch of Bitcoin spot ETFs has absorbed new demand, which has somewhat distorted on-chain activity. When ETF holders trade Bitcoin with other ETF holders, it may not be reflected on-chain, so the data may not be fully representative. Nevertheless, on-chain transaction volume has been steadily increasing and has not yet reached an overheated state, indicating increased market interest." She also noted that "the movement of the dollar is also worth noting. The US dollar index (DXY) has risen for 8 consecutive weeks, but the uncertain US tariff policy is shifting to uncertainty about spending plans, US debt demand, and geopolitical changes, making it difficult for the dollar's strength to persist. A decline in the value of the dollar would be positive for Bitcoin, as Bitcoin's major trading pairs are denominated in dollars, and a weaker dollar could increase Bitcoin's relative value and create an environment for more capital to flow into the Bitcoin market."