Ki Young Ju, CEO of on-chain data explorer CryptoQuant, believes Bitcoin (BTC) may lose its bullish momentum in the coming months. However, he believes this will not be a bear market like he has perceived in the past.
Under the discussion of this paper, he argues that: Capital inflows into Bitcoin have dried up. In this context, he believes that scheduling inflows makes no sense as liquidity channels are becoming more diverse.
However, CryptoQuant leaders say there is no need to fear, “Financial institutions that hold assets for the long term have ended the old retail whale cycle. MSTR will not sell a significant portion of the 673,000 BTC.”
In fact, he observes that investment in Bitcoin is slowing as money flows into stocks and precious metals. Therefore, as long as this situation continues, Doesn’t mean strong selling pressurebecause there are investors who will not dispose of their BTC.
As a result, “I don’t think we’ll see a decline of more than 50% from all-time highs like in previous bear markets. We’ll see stability for the next few months,” he said.
Not everyone rules out the end of the Bitcoin bull cycle
For analysis firm Glassnode, Bitcoin is in a “fragile consolidation regime.” This is because demand remains moderate, as reported by CriptoNoticias. such a situation Markets become more sensitive to volatility and profit-taking risks He is trying to rebuild the high ground.
Bitcoin price recorded a recovery to $95,000 (USD) in 2026. Therefore, as seen below, it remains within the margin of flattening since the end of November.
But while some see the market as fragile due to weak demand, others predict the uptrend could be reinvigorated. With prices solid, “it looks like it’s ready to take off again,” fund manager Bill Miller IV said this week.
The expert predicts that BTC will reach new all-time highs as it gains attention as a hedge against inflation. In his opinion, No need to worry about price drops This comes after a record $126,000 in October. Think of this as part of normal volatility.
