CryptoQuant CEO admits he was incorrect about Bitcoin bull cycle

CryptoQuant CEO admits he was incorrect about Bitcoin bull cycle

CryptoQuant CEO Ki Younger Ju says he was incorrect in regards to the Bitcoin bull cycle being “over” after BTC not too long ago surpassed the $100k mark. He believes that the market is at the moment in a transitional section.

In a current put up, CryptoQuant founder and CEO Ki Younger Ju apologized to his followers for making an incorrect prediction relating to the top of Bitcoin (BTC) bull cycle earlier in March 2025. This was confirmed by the obvious comeback BTC made when it returned to the $100k mark on Might 8, shortly after President Trump introduced a brand new commerce cope with the U.Okay.

“I apologize for the incorrect prediction. I will strive to provide higher-quality analyses in the future. Thank you,” mentioned Ju.

He concluded that the BTC market not depends on the normal whale and retail-dominated mannequin, as an alternative it’s diversified by the presence of ETFs and different institutional gamers.

“The Bitcoin market has become much more diverse. ETFs, MicroStrategy (MSTR), institutional investors, and even government agencies are considering buying and selling Bitcoin,” mentioned Ju in his put up.

Because of this, the CryptoQuant CEO acknowledged that it could be time to throw out the observe of solely utilizing “profit-taking cycles” to measure market sentiment. These cycles are demonstrated by whales cashing out throughout peak worth intervals, which normally triggers a domino impact of sell-offs that ultimately result in a worth drop.

“Now, instead of worrying about old whales selling, it’s more important to focus on how much new liquidity is coming from institutions and ETFs since this new influx can outweigh even strong whale sell-offs,” continued Ju.

Value chart for Bitcoin up to now few days, Might 9, 2025 | Supply: crypto.information

At press time, BTC has gone up by greater than 3% up to now 24 hours. It’s at the moment buying and selling fingers at $102,773. That is the primary time BTC has surpassed the $100,000 threshold since February this 12 months. Nonetheless, its each day buying and selling quantity has dipped by over 30% to $51 billion.

Though Ju believes that the symptoms of a bearish or a bullish market are altering, he nonetheless maintains the importance of analysing on-chain information to find out the path of the market, as he has completed in earlier market analyses.

Total, Ju acknowledged the market is at the moment in a transitional interval, the place it’s neither bullish nor bearish in the meanwhile. It’s because he noticed that the market remains to be sluggish in absorbing new liquidity.

“Of course, the recent price action is extremely bullish, but I’m talking about the profit-taking cycle,” clarified Ju.

Again in March, Ki Younger Ju predicted that within the subsequent six to 12 months, Bitcoin will see “bearish or sideways price action.” To help his level, Ju shared a historic chart, which highlighted BTC’s revenue and loss index cyclical indicators courting again from 2014 till the current day.

Shortly after, Bitcoin had continued to descend till it dipped under $75,000 after Trump introduced his Liberation Day blanket tariffs.

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 116,590.24 4.86%
ethereum
Ethereum (ETH) $ 2,956.70 6.47%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.56 5.51%
bnb
BNB (BNB) $ 688.16 2.40%
solana
Solana (SOL) $ 164.29 4.26%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.197832 9.57%
tron
TRON (TRX) $ 0.294601 0.91%
staked-ether
Lido Staked Ether (STETH) $ 2,955.97 6.41%
cardano
Cardano (ADA) $ 0.684233 10.02%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 116,524.22 4.95%
hyperliquid
Hyperliquid (HYPE) $ 44.53 7.03%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,571.67 6.65%
sui
Sui (SUI) $ 3.48 11.22%
chainlink
Chainlink (LINK) $ 15.33 7.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 519.30 1.47%
stellar
Stellar (XLM) $ 0.303053 5.14%
avalanche-2
Avalanche (AVAX) $ 20.84 6.94%
leo-token
LEO Token (LEO) $ 9.02 0.23%
hedera-hashgraph
Hedera (HBAR) $ 0.195138 11.83%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,168.39 6.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 8.00%
weth
WETH (WETH) $ 2,956.58 6.37%
usds
USDS (USDS) $ 1.00 0.01%
the-open-network
Toncoin (TON) $ 2.97 3.57%
litecoin
Litecoin (LTC) $ 95.20 4.90%
whitebit
WhiteBIT Coin (WBT) $ 46.74 0.15%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.14%
monero
Monero (XMR) $ 327.28 0.01%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 116,623.25 4.98%
polkadot
Polkadot (DOT) $ 3.92 7.74%
bitget-token
Bitget Token (BGB) $ 4.58 3.07%
pepe
Pepe (PEPE) $ 0.000013 14.55%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.08%
uniswap
Uniswap (UNI) $ 8.37 1.88%
aave
Aave (AAVE) $ 305.07 2.29%
pi-network
Pi Network (PI) $ 0.513816 8.83%
dai
Dai (DAI) $ 1.00 0.01%
bittensor
Bittensor (TAO) $ 378.57 8.40%
aptos
Aptos (APT) $ 4.91 7.10%
near
NEAR Protocol (NEAR) $ 2.54 8.00%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.04%
crypto-com-chain
Cronos (CRO) $ 0.09771 2.36%
okb
OKB (OKB) $ 49.33 1.51%
internet-computer
Internet Computer (ICP) $ 5.46 5.91%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 199.61 4.31%
ondo-finance
Ondo (ONDO) $ 0.900741 6.87%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
ethereum-classic
Ethereum Classic (ETC) $ 18.47 4.68%
susds
sUSDS (SUSDS) $ 1.06 0.01%
kaspa
Kaspa (KAS) $ 0.086326 6.17%
usd1-wlfi
USD1 (USD1) $ 1.00 0.09%
mantle
Mantle (MNT) $ 0.635689 5.85%
cosmos
Cosmos Hub (ATOM) $ 4.64 7.32%
vechain
VeChain (VET) $ 0.024506 9.23%
ethena
Ethena (ENA) $ 0.326728 13.08%
arbitrum
Arbitrum (ARB) $ 0.415563 16.05%
official-trump
Official Trump (TRUMP) $ 10.03 8.98%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.222321 6.79%
gatechain-token
Gate (GT) $ 16.22 1.16%
render-token
Render (RENDER) $ 3.74 10.18%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.742616 5.91%
fasttoken
Fasttoken (FTN) $ 4.46 0.17%
algorand
Algorand (ALGO) $ 0.220709 14.52%
worldcoin-wld
Worldcoin (WLD) $ 1.09 18.48%
bonk
Bonk (BONK) $ 0.000024 7.76%
sei-network
Sei (SEI) $ 0.322933 21.86%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,956.99 6.64%
sky
Sky (SKY) $ 0.083983 2.54%
filecoin
Filecoin (FIL) $ 2.61 6.94%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 116,408.19 5.15%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74 2.68%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 174.46 4.56%
spx6900
SPX6900 (SPX) $ 1.62 7.44%
jupiter-exchange-solana
Jupiter (JUP) $ 0.492054 7.02%
usdtb
USDtb (USDTB) $ 1.00 0.02%
kucoin-shares
KuCoin (KCS) $ 11.37 2.07%
first-digital-usd
First Digital USD (FDUSD) $ 0.996849 0.25%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,100.09 6.53%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,369.23 6.52%
usdt0
USDT0 (USDT0) $ 0.999755 0.10%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.021322 23.45%
celestia
Celestia (TIA) $ 1.89 12.44%
fartcoin
Fartcoin (FARTCOIN) $ 1.32 16.03%
nexo
NEXO (NEXO) $ 1.27 2.85%
injective-protocol
Injective (INJ) $ 12.46 12.63%
xdce-crowd-sale
XDC Network (XDC) $ 0.073328 7.25%
optimism
Optimism (OP) $ 0.676984 14.59%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.79 12.28%
flare-networks
Flare (FLR) $ 0.016775 2.65%
blockstack
Stacks (STX) $ 0.747324 7.34%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,159.40 6.28%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 3,106.35 6.49%
sonic-3
Sonic (S) $ 0.344976 8.24%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 116,404.19 4.96%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.00%
dogwifcoin
dogwifhat (WIF) $ 1.04 8.08%
story-2
Story (IP) $ 3.50 11.13%
floki
FLOKI (FLOKI) $ 0.000104 10.38%
Scroll to Top