CryptoQuant CEO Declares Bitcoin Bull Run is Over – What Should Investors Expect?
CryptoQuant CEO Ki Young Ju has thrown a curveball at Bitcoin investors, stating that the current bull cycle for Bitcoin is over. He warns that investors should brace themselves for the possibility of 6 to 12 months of bearish or sideways price action. This announcement comes after Ju had offered a more cautious yet optimistic outlook just two weeks ago. The shift in sentiment highlights the volatile nature of the cryptocurrency market and the challenges investors face. As Bitcoin moves through uncertain territory, market participants must remain vigilant and prepared for varying outcomes. This situation serves as a reminder to manage risk effectively, keeping a close eye on market indicators.