CryptoQuant CEO Ki Young Ju warned today that Bitcoin on-chain indicators are at the bull-bear boundary and that the next month or two will be a key turning point for the BTC market.
CryptoQuant CEO Ki Young Ju today warned that Bitcoin on-chain indicators are hovering at the bull-bear boundary and that the next month or two will be a key turning point for the BTC market.
"If every indicator confirms a downtrend, I'll admit I was wrong and post about it. Even in the worst case, I see a high probability of consolidating around $77K for a few months before moving back up," Ju stated.
The CEO of the crypto analytics firm predicted that the bull market could extend until April 2025, based on typical two-year cycles.
Bitcoin traded at $84,400 today, down 2.4% from yesterday’s close.
Institutional sentiment has shifted recently, with Bitcoin ETFs seeing $1.1 billion in outflows in a single day.
This price movement comes amid tariff threats and growing inflation concerns, which have heightened risk aversion among investors.
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