Recent reports from CryptoQuant suggest that Bitcoin's bull cycle has ended, and the market is likely to enter a bearish phase over the next six to twelve months. On-chain metrics indicate reduced liquidity and sell-offs by major investors.
CryptoQuant Metrics Indicate Decreasing Liquidity
According to CryptoQuant CEO Ki Young Ju, Bitcoin's bull cycle has concluded, with a forecast of bearish or sideways movement over the coming 6-12 months based on on-chain metrics showing declining liquidity. Key indicators such as MVRV, SOPR, and NUPL point to sell-offs by major assets holders. These observations are supported by reports and charts from CryptoQuant showing sell signals beginning in early 2025.
Trump’s Bitcoin Reserve Sparks Debate
President Donald Trump's proposal to create a strategic Bitcoin reserve has elicited varied responses. Polymarket assigns only a 29% probability of launching the reserve within the first 100 days of its announcement. European leaders have expressed skepticism, emphasizing collaborative wealth creation and economic stability.
Expert Reactions and Market Response
Analysts on X have voiced their opinions on the current market state. Some supported the pessimistic outlook, citing dwindling market momentum, while others argue that increasing money supply could sustain Bitcoin's growth. Analysts and market participants continue to discuss possible future scenarios for the cryptocurrency market.
Reports from CryptoQuant indicate that Bitcoin's market is set for decline, and the role of cryptocurrencies in the global financial sector remains a topic of active discussion.
