Cryptoquant CEO Predicts Bitcoin Bear Market Until Early 2027
- Ki Young Ju of Cryptoquant suggests Bitcoin‘s profit and loss (PnL) typically declines for about 18 months following a profit-taking cascade.
- Ju argues that Bitcoin’s downtrend started in October 2025, potentially extending the bear market until early 2027.
- Despite this, Cryptoquant’s Bull-Bear Cycle Indicator turned bullish on May 12, indicating possible constructive conditions.
- Research firm K33 believes Bitcoin’s February low of approximately $60,000 marked the cycle’s maximum drawdown.
Cryptoquant CEO Ki Young Ju forecasts that Bitcoin’s bear market could persist until early 2027, hinging on realized profits’ direction. However, internal data from Cryptoquant and other analysts present a more optimistic view with recent bullish indicators.
The conflicting signals highlight uncertainty in the current market cycle, as traders await a shift in unrealized and realized profits to signal a potential turnaround. Source
