CryptoQuant CEO Changes Stance as Bitcoin Reaches New Heights

Ki Young Ju’s new statement on Bitcoin’s cycle theory signifies broader implications on investor strategies and market predictions, affecting both retail and institutional perspectives.

CryptoQuant CEO Ki Young Ju publicly acknowledged a revised position on Bitcoin’s market cycles after the cryptocurrency achieved a new all-time high. Ju initially predicted the end of the bull cycle, but recent data indicates strong ETF inflows altering traditional market dynamics. “The market has entered a new era of Bitcoin… New players entered the field, leading to the previous cycle prediction no longer being correct,” Ju remarked in an update. Institutional investors boost Bitcoin prices, reducing the selling pressure and challenging existing market theories. This shift impacts strategies across the crypto realm.

The growing institutional presence draws Bitcoin to unprecedented highs, reshaping previous patterns driven by traditional holders and retail investors. The market is now influenced by new players, aligning with traditional financial trends. Ki Young Ju’s acknowledgment of misjudgment in market cycle predictions highlights a regime change in crypto markets. This may lead to new trading models and strategies, incorporating ETF-led dynamics.

Financially, the influx of capital via ETFs increases market liquidity and alters correction patterns. On-chain data highlights sustained corrections with new liquidity trends. The earlier cycle model faces scrutiny as traditional whale-driven markets give way to institutional capital. Historically, Bitcoin’s price behavior followed a predictable cycle led by whales and miner activities. However, the emerging ETF-driven institutional presence alters these rhythms, necessitating updated analytic models to navigate this evolving environment.