Bitcoin Rally on Hold? CryptoQuant CEO Predicts Up to a Year of Bearish Trends
Bitcoin is struggling to break past $83,000, with the crypto market dipping slightly to $2.7 trillion. CryptoQuant CEO Ki Young Ju warns that on-chain indicators signal a bear market, predicting 6–12 months of bearish or sideways price action.
He highlights a slowdown in new capital, whales offloading BTC, and negative ETF inflows. His alert, based on key metrics like MVRV and SOPR, suggests a shift in market trends. While some investors remain optimistic, others believe altcoins may gain traction. Despite his bearish outlook, Ki Young Ju confirms he won’t short BTC and will continue holding his position.
Clever Robot News Desk 19th March 2025
