CryptoQuant CEO predicts bear market for next six months
Bitcoin may face extended bear market, says CryptoQuant CEO.
Bitcoin’s recent downturn could signal a prolonged bear market, with on-chain data showing little upward momentum despite continued capital inflows, according to CryptoQuant CEO Ki Young Ju.
In a post on April 5, Ju emphasized that Bitcoin may remain under pressure for at least six more months, as current conditions mirror historical patterns seen in previous market cycles, reports Crypto News.
Bitcoin fell to a three-week low of $77,077, with its market capitalization stagnating even as realized cap—a metric tracking capital entering the market via wallet movements—continues to rise. This divergence, Ju explained, is a classic marker of a bear phase. “In a bull market, even small inflows trigger strong price action. Right now, even large inflows aren’t moving the price,” he said.
Historical Patterns and Economic Pressures Add to Bearish Outlook
Bitcoin posted an 11.8% drop in the first quarter of 2025, marking its worst Q1 start since 2018, according to Coinglass data. While Q1 losses in some years, like 2020, were followed by strong annual performance, similar losses in 2014, 2018, and 2022 preceded extended bear markets. Ju suggested that, based on past trends, a true recovery may not emerge until late 2025.
Adding to Bitcoin’s woes are macroeconomic uncertainties stemming from recent U.S. trade policies. President Donald Trump’s new tariffs have rattled global markets and raised recession concerns. Although Bitcoin initially benefited from Trump’s re-election, its role as a hedge against economic instability is now being questioned.
With price momentum lacking and external pressures mounting, investors may need to brace for continued volatility. Whether Bitcoin can retain its status as a store of value amid rising geopolitical and financial risks will be a key question heading into the second half of the year.
Recently we wrote, that Consumer Financial Protection Bureau (CFPB) is poised to reduce its involvement in cryptocurrency regulation, according to legal expert Ethan Ostroff of Troutman Pepper Locke.
