Key dealers
- Bitcoin indicators on the chain are at the Bull-Bear limit and need more data for trend confirmation.
- Ki Young predicts that the bull market can extend until April 2025, despite the current uncertainty.
Cryptoquant CEO Ki Young Ju warned today that Bitcoin indicators on the chain float at the Bull-Berry limit and that next month or two will be an important turning point for the BTC market.
#Bitcoin Indicators on the chain are at the bull-bear limit.
I expect this to be the longest bull run in history, but I may be wrong. We need at least another month of data to confirm if we go into a bear market. If demand does not recover, indicators can completely signal a … https://t.co/qkazx7wmat pic.twitter.com/4ihbuitw4o
– ki Young Ju (@ki_young_ju) February 27, 2025
“If each indicator confirms a downward trend, I will admit that I was wrong and published about it,” added. “Even in the worst case, I see a high probability of consolidating about $ 77,000 for a few months before I moved up again.”
L, also warned of excessive leverage and says: “I don’t think heavy leverage bets – long or short – are a good move right now.
The CEO of the Crypto Analytics company predicted that the bull market could extend until April 2025, based on typical two-year cycles.
Bitcoin traded at $ 84,400 today, a reduction of 2.4% from yesterday’s close.
Institutional emotion has recently shifted, with Bitcoin ETFs who see $ 1.1 billion in outflow In a single day.
This price movement comes in the middle of Customs threats And growing inflation problems, which have increased risk aversion among investors.
