Bad News from CryptoQuant CEO: “The Bitcoin Bear Market Will Last Until This Date! We Can Understand the Coming of the Uptrend from This…
The uncertainty stemming from the ongoing US-Iran conflict has negatively impacted the price of Bitcoin ($BTC). Following recent developments, and influenced by expectations of a ceasefire between the US and Iran, Bitcoin continues to struggle around the support level of $74,000.
While some market analysts predict that regaining the $74,000 support level could support a recovery and target higher levels, CryptoQuant CEO Ki Young Ju argued that the bear market will continue for a considerable period of time.
CryptoQuant CEO Ki Young Ju claims that the Bitcoin bear market could continue until early next year.
Ju, sharing his analysis from account X, suggested that a typical pattern is for Bitcoin investors to experience a decline lasting approximately 18 months after they begin to make significant profits.
Ju argued that, based on this model, if the current trend is considered a downtrend beginning in October 2025, then the current bear market could last until early 2027.
The renowned CEO added that the market trend reverses when unrealized profits increase and realized profits decrease, but this has not yet happened.
“When profit-taking occurs in a chain reaction, Bitcoin investors’ profit and loss (PnL) typically decrease over approximately 18 months.”
Based on the prediction that the trend will reverse in October 2025, the bear market could continue until early next year.
Conversely, for the trend to change and reverse, unrealized earnings need to increase and realized earnings need to decrease. However, the market is not at that stage yet.”
US-Iran Agreement Paves the Way for Estrangement!
Besides the CryptoQuant CEO, popular crypto analyst Michaël van de Poppe also shared his Bitcoin analysis.
Poppe states that geopolitical uncertainty between the US and Iran is the primary factor hindering the current rise in the $BTC and altcoin market, arguing that the market structure will remain robust if $BTC maintains a stable sideways movement within its current range.
The analyst notes that if the US and Iran reach an agreement in the near future, concerns about further market declines could be significantly alleviated, potentially paving the way for a broader market rally during the summer months.
However, if $BTC surpasses $80,000, liquidity could shift back to $BTC, leading to further gains.
*This is not investment advice.
