Yeliz Atmaca 
CryptoQuant CEO Ki Young Ju announced that he was wrong in his Bitcoin bull cycle prediction. This confession, which has shaped market expectations, caught the attention of cryptocurrency investors. The CEO’s previous analyses predicted that Bitcoin would reach record levels in 2024. However, market dynamics followed a different path than expected.
Why Did Bitcoin Bull Expectations Change?
Bitcoin’s price movements are generally tied to macroeconomic factors and investor behavior. The CryptoQuant CEO stated that he did not sufficiently consider these factors in his analyses. In particular, interest rates and global economic uncertainties impacted Bitcoin’s performance. This situation has led market analysts to adopt a more cautious approach.
Ju explained, “Of course, the recent price movement is extremely bullish, but I’m talking about the profit-taking cycle.”
What is CryptoQuant’s New Strategy?
Ki Young Ju admitted his mistake and announced that he would adopt a new approach. He will now focus on more data-driven analyses. Additionally, he warned investors about short-term fluctuations. This strategy maintains confidence in Bitcoin’s long-term potential.
“Two months ago, I said the bull market was over, but that prediction was wrong.
“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, as this new inflow can offset even strong whale selling,” he said.
Two months ago, I said the bull cycle was over, but I was wrong. #Bitcoin selling pressure is easing, and massive inflows are coming through ETFs.
In the past, the Bitcoin market was pretty simple. The main players were old whales, miners, and new retail investors, basically… pic.twitter.com/oN4n6vNc0s
— Ki Young Ju (@ki_young_ju) May 9, 2025
The Bitcoin market still has a volatile structure. Experts recommend conducting thorough research before investing. CryptoQuant’s updated reports can serve as a guide in this process. However, the risks in the market should not be ignored. At the time of writing, Bitcoin is trading at $103,018.24.
CryptoQuant CEO Ki Young Ju’s confession has reshaped Bitcoin bull cycle expectations. Therefore, it is critical for investors to follow updated analyses. Additionally, market uncertainties require strategic decision-making.
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