CryptoQuant CEO: Bitcoin Bull Cycle Ends Amid Bearish Trends
Ki Young Ju, CEO of CryptoQuant, announced the end of Bitcoin’s bull cycle on March 17, 2025, predicting a bearish or sideways trend for 6-12 months.
His analysis indicates potential adverse market effects including declining liquidity and increased sell-offs from new whale activities. Crypto analyst Plan B disagrees, advocating continued bullish growth.
CryptoQuant CEO Predicts 6-12 Month Bearish Bitcoin Market
Ki Young Ju suggested Bitcoin’s bull run has concluded, based on new on-chain data. Using Principal Component Analysis on metrics like MVRV, he predicts a bearish market for 6-12 months.
The analysis points to a lack of new liquidity and increased selling pressure from new whales. Historical inaccuracies in CryptoQuant’s past bear market predictions add skepticism.
“The Bitcoin bull cycle is over. On-chain indicators show we’re entering a bear or sideways market for the next 6-12 months as new liquidity dries up. New whales are selling BTC at lower prices.” — Ki Young Ju, CEO, CryptoQuant
Bitcoin Price Falls 5.2% to $58,230 Amid Market Concerns
Bitcoin’s price fell to $58,230, dropping by 5.2% over 24 hours, intensifying market concerns. Increased miner sell-offs and positive exchange netflows indicate a shift.
Market analysts speculate on further financial challenges for Bitcoin, with broader market uncertainties looming. CryptoQuant’s prior misjudgment underscores investor caution.
Critics Cite Past Errors in CryptoQuant’s Bear Market Calls
In 2020, a similar warning was issued by CryptoQuant, which proved incorrect as Bitcoin soared. Critics, citing past inaccuracies, remain unconvinced by current bearish claims.
Plan B, known for the Stock-to-Flow model, predicts ongoing Bitcoin growth, aiming for $100,000 benchmarks, highlighting ongoing debates over Bitcoin’s future trajectory.
