CryptoQuant CEO expects longest bull market ever
Bitcoin breaks $100K, pushing crypto market cap to $3.6T amid predictions of record bull run
Bitcoin surged past $100,000, pushing market capitalization to $3.6 trillion.
Analysts predict the bull market may be the longest in history, but caution against overconfidence.
Key Takeaways
- Record Growth: Bitcoin reclaimed $100,000, driving the crypto market’s value to $3.6 trillion.
- Prolonged Bull Cycle: CryptoQuant CEO Ki Young Ju predicts this bull market could be the longest ever, driven by steady liquidity inflows.
- Cautious Optimism: Experts warn against greed and emphasize risk management as volatility remains a concern.
- Diverging Views: While some forecast continued growth, others, like Arthur Hayes, anticipate a mid-2025 peak followed by a sharp correction.
Bitcoin surpasses $100,000 amid bullish momentum
Bitcoin’s price broke past $100,000, marking a milestone in its current bull run. The move lifted the total crypto market cap to $3.6 trillion, signaling widespread investor confidence.
BTC price dynamics (2022-2024). Source: Statista.com
CryptoQuant CEO Ki Young Ju attributed the rally to strong liquidity flows, predicting this cycle could outlast all previous ones. “New liquidity sources are steadily fueling the market, and more are waiting to be unlocked,” Ju explained.
Loading...
Caution amid euphoria
While optimism dominates, some analysts urge restraint. The DeFi Investor reminded traders to avoid the “supercycle trap” that led to losses in past cycles, emphasizing risk management.
Crypto influencer Lark Davis added, “The next phase will bring euphoria and massive gains,” echoing widespread bullish sentiment.
However, Arthur Hayes, BitMEX co-founder, presented a more conservative outlook. He projected a mid-2025 peak, followed by a correction tied to shifts in Federal Reserve policy and liquidity dynamics.
Market outlook remains liquidity-driven
Hayes highlighted the role of U.S. dollar liquidity, noting a $57 billion injection in Q1 2025 could sustain growth temporarily. Still, broader economic pressures may lead to volatility, underscoring the need for careful planning.
Recently we wrote, that as of today, more than $1 trillion has been accumulated in the Bitcoin network, factoring in both off-chain and on-chain activities. This figure represents an 85% increase compared to 2023, according to Ki Young Ju, founder of the analytics firm CryptoQuant.
