The CryptoQuant CEO Has Shared When He Believes the Current Bitcoin Bull Run Could End

As Bitcoin battles the bears below the $100,000 mark, Ki Young Ju recently asserted that the current bull run might extend longer than any in history

The CryptoQuant CEO has shared when he believes the current Bitcoin bull run could end, suggesting this might be the longest one yet.

As Bitcoin battles the bears below the $100,000 mark, Ki Young Ju recently asserted that the current bull run might extend longer than any in history, although he cautions that the coming months will prove decisive.

When the Bitcoin Bull Run Could End

While examining on-chain indicators, he noted that Bitcoin teeters on the edge between a bullish surge and a potential bearish downturn. Ju predicts that this extended rally could persist until at least April 2025, a forecast he first made in May 2024, citing the Bitcoin growth rate difference metric.

However, he emphasized that the next one to two months will reveal whether demand rebounds or fades, potentially pushing indicators into a full downtrend.

Despite the downtrend, Ju has maintained his optimism, highlighting that Bitcoin dropping below $77,000 seems unlikely. Even in a worst-case scenario, he expects the asset to consolidate around that level for several months before climbing again, as previously reported by The Crypto Basic.

In his latest commentary, the CryptoQuant founder advised against aggressive leveraged bets in either direction, as he urged traders to exercise patience amid this decisive moment in the market.

Bitcoin in a Manipulation Phase, but Rebound Imminent

Meanwhile, market analyst Cas Abbé noted in a report today that Bitcoin currently lingers in a manipulation phase amid the bearish price action. He pointed out that bullish developments fail to spark upward momentum, with even positive stock market trends leaving Bitcoin unmoved.

Abbé called attention to last September, when the asset hovered at a similar juncture before launching into its next significant climb. He asserted that there might be a brewing opportunity, as market forces may be setting the stage for a breakout, provided traders can navigate the current stagnation.

With BTC down 16.37% this month, February 2025, Bitcoinsensus, a market resource, called attention to the fact that the asset has closed February on a bearish note only twice since 2013, while March typically delivers bullish results over the past four years.

As the asset looks to close its third bearish February in history, Bitcoinsensus emphasized that March often defies early-year dips, presenting the opportunity for a potential turning point for Bitcoin’s price.

Meanwhile, an analyst known as Master of Crypto observed that past bull cycles followed significant drops—around 35% in 2017 and 33% in 2021—with explosive rallies of 320% and 280%, respectively.

With Bitcoin recently shedding about 20%, he sees a similar setup unfolding. According to him, the market is largely volatile. Yet, there might be hope in whale activity, with over 26,000 BTC recently moved to long-term investment addresses, as disclosed by The Crypto Basic two days back.

He also noted that the stablecoin index, an indicator of fresh capital inflows, is starting to rise. Notably, this is due to an injection of fresh capital in the form of stablecoin mints, which could bolster demand.

Currently, Bitcoin trades for $85,432, down 2.75% in the past 24 hours.