The post This Bitcoin Bull Cycle ‘Might Be The Longest Ever’ – Top Analyst Explains Why appeared on BitcoinEthereumNews.com.

Bitcoin has surged above the $100K mark, signaling strength and fueling optimism among traders as the market enters 2025. This breakout has bolstered a bullish outlook for BTC in the first quarter, with many anticipating further gains. However, amid this enthusiasm, a cautious undertone persists. Analysts and investors are debating the trajectory of this bull cycle, with some forecasting a shorter rally due to ongoing macroeconomic uncertainties. Adding depth to the discussion, CryptoQuant CEO Ki Young Ju recently shared intriguing insights, suggesting that this Bitcoin bull cycle might defy expectations by becoming the longest in history. Ju’s analysis underscores Bitcoin’s resilience and highlights shifting dynamics in market participation and adoption that could extend the cycle. While the broader market wrestles with potential risks, Bitcoin’s push above the psychological $100K barrier has reignited excitement, setting the stage for what could be a transformative year for the leading cryptocurrency. As Q1 unfolds, all eyes remain on BTC to see if it can maintain its upward momentum and challenge skeptics’ predictions about the longevity of this cycle. Bitcoin Preparing For A Monster Rally Bitcoin is setting the stage for a significant rally after reclaiming the $100K mark and establishing a higher high on the 4-hour timeframe. While some analysts predict a potential top at the $108,300 level, on-chain data and expert insights suggest a more extended bullish trend may be underway. CryptoQuant analyst Axel Adler highlights an important detail: the recent outflow from US Bitcoin ETFs observed since December 20 is likely a temporary, holiday-related anomaly rather than a fundamental change in investor sentiment. This perspective alleviates concerns about weakened institutional interest, reinforcing the idea that BTC’s upward momentum is intact. Bitcoin Spot ETF AUM ex-GBTC | Source: Axel Adler on X Adding to the optimism, CryptoQuant CEO Ki Young Ju has suggested…

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Filed under: News - @ January 8, 2025 3:25 am