There are murmurings of a cloudy bear-market taking over quickly. CryptoQuant’s CEO Ki Young Ju made a new prediction that has impacted the cryptocurrency market. Investors have been hit with an unpleasant reality. The bear market is here! Crypto Quant’s CEO explains his most recent Bitcoin bear market forecast.
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Bullish Days Ahead? No, Not really
In the recent spate of cryptocurrency development, investors have eagerly awaited for Bitcoin to surpass the $100K threshold. It seemed that the cryptocurrency market was going to make a big gain after President Donald Trump endorsed the domain. The cryptocurrency market, on the other hand, has experienced a decline. reversed Crypto Quant CEO Ki Young Ju has predicted that after all the recent gains, it is now in a bear market.
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According to Young Ju, we are in the midst of a bear market. The expert explained that investors can expect BTC’s price performance to be nominal and bearish.
“#Bitcoin bull cycle is over, expecting 6–12 months of bearish or sideways price action.”
Young Ju went on to say that all on-chain metrics are signaling the bear market’s onslaught. New liquidity is also drying up. Later, he shared that new whales were also selling BTC for lower prices. This is indicative of the bear market taking hold.
“Every on-chain metric signals a bear market. With fresh liquidity drying up, new whales are selling Bitcoin at lower prices.”
Each on-chain indicator signals a bearish market. New whales sell Bitcoin for lower prices as fresh liquidity is drying up.@cryptoquant_com Subscribers to my alerts have received this notification a few weeks ago. I assume they’ve already adjusted their positions, so I’m posting… pic.twitter.com/0EIrpTCPVi
— Ki Young Ju (@ki_young_ju) March 17, 2025
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How low can the Token go now?
According to leading financial expert Johnny Gabrielle Bitcoin could drop as low at $70,000 during the current bear market conditions.
“I would not be surprised if we see a blow-off top and a major correction this year, leading Bitcoin to fall all the way to the $70,000 or $80,000 range.”
Gabrielle touts Bitcoin’s price drop is only a temporary adjustment, and it could surge again if its global exploration continues at a fast pace.
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Source: watcher.guru
