• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Is the Bitcoin Bull Market Ending?

user avatar

by Giorgi Kostiuk

6 hours ago


Experts debate recent changes in the Bitcoin market, including significant open interest shifts and the influence of Fed policy.

Overview of Bitcoin Market

CryptoQuant CEO Ki Young Ju recently changed his outlook on the Bitcoin market, stating that the bull cycle is over and Bitcoin could face bearish or sideways movement for the next six to twelve months. Previously, he was confident in a slow bull cycle. However, not all analysts share this pessimism. Some opinions supporting a potential Bitcoin recovery include the increase in global M2 money supply and historical price correlations.

Bitcoin's $12 Billion Open Interest Shakeout

Bitcoin recently experienced a $12 billion open interest shakeout, which some see as a necessary catalyst for recovery. While others view it as a natural market reset, some experts argue it could set the stage for the next cryptocurrency rally.

Analyst Predictions and Fed's Role

Analysts are confident that the Fed's decision to end the quantitative tightening program by May could spark another crypto bull market. The tightening policy, in place since June 2022, raises concerns amid macroeconomic shifts.

As markets anticipate the Fed's upcoming decisions, experts remain divided between pessimists and optimists regarding Bitcoin's future. Market conditions and macroeconomic policy will play significant roles in determining the direction of cryptocurrency.

0

Share

Other news

Bitcoin in Russia and the USA: How Cryptocurrencies Are Used in the Economy

Bitcoin serves as a trade tool in Russia, whereas it's seen as a risky investment in the USA.

user avatarGiorgi Kostiuk

a few seconds ago

Four.Meme Invests in MemeFi with New $10 Million Fund

Four.Meme establishes a $10 million fund to foster sustainable growth in the MemeFi sector.

user avatarGiorgi Kostiuk

a minute ago

How Solaxy L2 Could Transform Solana's Scaling Efforts

Solaxy L2 aims to address Solana's scalability issues by offering innovative network optimizations.

user avatarGiorgi Kostiuk

a minute ago

Pi Network and PiChainMall: Ecosystem Growth Through Practical DApps

Pi Network and PiChainMall develop an ecosystem with real-world applications for users.

user avatarGiorgi Kostiuk

2 minutes ago

How Telegram-Based Crypto Games Are Captivating Users

Telegram-based crypto games offer a new way to earn with easy gameplay and blockchain technology.

user avatarGiorgi Kostiuk

2 minutes ago

Pi Network Trading: Where to Buy and Market Forecast

Pi Network grows its community. Discover where $PI is traded and its market dynamics.

user avatarGiorgi Kostiuk

2 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.