According to the market expert Ki Young Ju, losses should shape the coming months at the cryptom market.

• Cryptoquant CEO Ki Young Ju explains the Bitcoin bull cycle to end
• 6-12 months with weak or sideways-oriented price movements ahead
• On-chain data indicates a bear market according to JU

Strong fluctuations at the cryptom market are more the rule than the exception. Again and again cryptocurrencies such as the veteran Bitcoin in the still young asset story came under the bikes and then swung up new heights again.

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This is also shown by the short-term look back: In January, investors still put up to $ 109,000 on the table for a Bitcoin, now the cryptocurrency with around $ 86,969 is significantly less worth it. However, investors should not hope for a quick reversal of trends, believes the cryptoquant CEO Ki Young Ju.

Bitcoin bull cycle over?

In a post on X, he said: “The bull cycle is over. 6-12 months are expected in a more decline in or sideways.”

In another contribution, he stated that each on-chain index signal a bear market. “Since the liquidity becomes scarce, new” whales “Bitcoin sell at lower prices,” continues the CEO and underpins his assessment with a diagram, the data of which he has checked: “You are correct,” he emphasizes.

Other experts more confident

However, not all experts share the pessimistic assessment of the medium-term Bitcoin prospects. Rather, expert Timothy Peterson assumes that the original cryptocurrency could reach new all-time highest stands until the middle of the year. He referred to the history of the coins in particular: “Bitcoin notes near the lower end of his historical seasonal range. Almost the entire annual performance of Bitcoin takes place in two months: April and October. It is quite possible that Bitcoin will reach a new all -time high before June”.

Editor finance.net



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