CryptoQuant CEO Cautious On Bitcoin’s Bull Cycle End
Ki Young Ju, CEO of CryptoQuant, expressed uncertainty regarding Bitcoin’s current bull cycle on Twitter on March 16, 2025.
Market participants are assessing if Bitcoin can surpass $77,000, a critical threshold amidst ongoing volatility.
CryptoQuant CEO Flags End of Bitcoin Bull Cycle
CryptoQuant CEO Ki Young Ju shared concerns about Bitcoin’s bull cycle potentially ending. He evaluated on-chain indicators at the bull-bear boundary and suggested that market confirmation requires more time. Indicators such as MVRV and SOPR influence his cautious outlook, prompting monitoring of market dynamics in the coming months.
On-chain indicators suggest Bitcoin is at a critical juncture between bull and bear markets. – Ki Young Ju, CEO, CryptoQuant
Traders Monitor Bitcoin at $77,000 Resistance Level
Market participants are closely observing Bitcoin’s price trend, questioning its future movement past $77,000. Traders express mixed reactions with analysts scrutinizing on-chain data for further insights. With Bitcoin’s current trading price near the resistance level, speculation over the extent of the bull run intensifies. Broader implications include shifts in market sentiment and strategizing among major investors.
Past Market Cycles Inform Current Bitcoin Analysis
The situation draws comparisons to previous market cycles and corrections, with on-chain metrics used to forecast turning points. Experts note that historical patterns may provide context, yet each cycle showcases unique variables influencing outcomes. On-chain analysis underpins potential forecasts, yet previous misjudgments raise caution among traders as they interpret the evolving data landscape.
