Ki Young Ju, CEO of CryptoQuant, announced on March 17, 2025, on Twitter that the Bitcoin bull cycle has concluded and predicts a bearish phase ahead.

This statement, which forecasts six to twelve months of bearish or sideways trends, impacted Bitcoin’s price, leading to a 5.2% decrease.

Bitcoin Decline Follows CryptoQuant CEO’s Bearish Forecast

Ki Young Ju stated on Twitter that the Bitcoin bull cycle is over. Market observers noted this is a shift from his previous stance, where he viewed corrections as normal in a bull market.

The industry was surprised when Ju revised his outlook. Bitcoin price fell following his tweet, contrasting his past optimism regarding market corrections seen in late February 2025.

Bitcoin Price Dips to $83K Amid Expert Debate

The latest price data indicates that Bitcoin is currently trading at $83,000, experiencing a fluctuation between the mid $80,000s. Analysts suggest this aligns with expected market corrections, referencing previous market movements seen earlier this year.

Experts like Raoul Pal argue macro factors play a larger role than on-chain metrics. Furthermore, Arthur Hayes shares his belief that the market remains in a bullish trajectory, indicating a potential bottom around $70,000.

36% Market Corrections Repeated in Bitcoin’s History

Historical market corrections of up to 36% have been observed in past bitcoin bull markets. The recent price drop remains in line with patterns seen in previous bull and correction cycles.

Some experts advise caution, considering macroeconomic factors and institutional interest, which may influence future trends. Observers highlight that broader market dynamics extend beyond initial price fluctuations.

Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action. – Ki Young Ju

The post CryptoQuant CEO Declares Bitcoin Bull Cycle Over appeared first on Kanalcoin.

---

Filed under: News - @ March 18, 2025 5:53 am