CryptoQuant CEO Declares Bitcoin Bull Cycle Over
- CryptoQuant CEO Ki Young Ju announced the end of Bitcoin’s bull cycle.
- Investors should expect 6–12 months of bearish or sideways price action.
- The Bitcoin PnL Index Cyclical Signals indicate market tops and bottoms.
- An alert combining MVRV, SOPR, and NUPL metrics signals market inflection points.
- New whales are selling Bitcoin at lower prices due to drying liquidity.
Ki Young Ju’s latest announcement marks a shift from his earlier cautious optimism about the Bitcoin market, highlighting a significant change in sentiment based on on-chain analytics. At press time, BTC traded at $83,059.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-bull-run-is-over-cryptoquant-ceo/?rand=52377