CryptoQuant CEO Ki Young Ju Predicts That Bitcoin’s Bull Market Could Be the Longest in the Cryptocurrency’s History.
Optimism ran high after Bitcoin (BTC) crossed the $100,000 mark on Tuesday, pushing total market capitalization closer to $3.6 trillion.
Bitcoin Bull Market Will Last, Says Ki Young Ju
In the article, Ki Young Ju emphasized the important role of liquidity in maintaining the upward momentum of digital assets.
“This Bitcoin bull cycle may be the longest ever. New sources of liquidity are gradually energizing the market and many other sources are waiting to be explored,” he speak.
The crypto community has largely agreed with Ki Young Ju’s views, with many experts predicting continued market growth. DeFi Investor, a prominent voice in DeFi, issued a cautious but optimistic statement.
“I don’t believe this bull market is over. But please don’t fall into the super cycle trap. Too many people lost millions in the last cycle due to greed,” he said warning in another post on X.
This shows that despite the many opportunities, careful risk management is still essential for investors. Adding to this optimism, crypto influencer Lark Davis, also known as The Crypto Lark, believes that the market is poised for significant growth.
“The next phase of the bull market is about to begin. This is the stage where you will experience a feeling of elevation and achieve incredible profits,” Davis expressed.
Davis’ excitement reflects heightened expectations as the market prepares for its next phase of growth. However, not all experts share this continued optimism. Arthur Hayes, co-founder of BitMEX, offered a more cautious view. As TinTucBitcoin reported, Hayes predicts the cryptocurrency market will peak in mid-March 2025, followed by a sharp correction.
“The question I want to answer is whether a dollar liquidity boost can outweigh frustrations about the speed of implementation and impact of Trump’s supposedly pro-crypto and business policies. ” Hayes wrote in his essay.
Hayes’ statement follows an analysis of the interaction between market liquidity and political developments. He emphasized the importance of USD liquidity as a key factor driving the cryptocurrency market and noted that changes in Federal Reserve policy and US Treasury operations could create short-term fluctuations.
According to Hayes, a net liquidity injection of $57 billion in the first quarter could sustain a temporary bull market before broader economic pressures lead to a correction.
Despite differing views, what these market experts have in common is the recognition of the role of liquidity as a foundation in the development of the cryptocurrency market. While Ju and Davis predict a prolonged bull run with significant gains, Hayes’ conservative analysis suggests a more volatile path. However, traders and investors need to do their own research, balancing optimism with careful planning.
Data from TinTucBitcoin shows that BTC is trading at $101,784 at the time of writing. This represents a modest increase of nearly 3% since Tuesday’s trading session began.
