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CryptoQuant founder turns bullish: Bitcoin bear market ends, future 2 years favor gains or range-bound trading

PANews October 13 reported that CryptoQuant founder Ki Young Ju said the Bitcoin bear-market cycle has ended, and expects the market to enter a rising or sideways phase over the next 12 to 24 months. Ki Young Ju posted on social media that the current Bitcoin market structure has changed, and that subsequent price action may no longer continue the previous bear-market trend, instead maintaining a bullish bias or moving sideways over the next 1 to 2 years. Ki Young Ju is the founder of the crypto data analytics platform CryptoQuant, and has previously analyzed Bitcoin market cycles and capital flows multiple times using on-chain data. This view is his personal market assessment and does not represent a consensus market expectation.

Source: https://www.panewslab.com/zh/articles/01a1351f-cc23-77f6-a4b9-57c6eae9ec51