Ki Young Ju, founder and CEO of CryptoQuant, has apologized for his recent Bitcoin predictions, acknowledging that traditional market cycles no longer apply in the current scenario.
Break of Traditional Cyclicality in Crypto
Ki Young Ju noted that the four-year bull and bear cycles based on large holder accumulation are no longer relevant. Earlier in April, he predicted the end of the Bitcoin bull cycle but now realizes that this was incorrect. In a recent post on X, Ju stated that the traditional pattern of 'buy when whales accumulate, sell when retail joins' no longer holds.
CITE_NA('The Bitcoin cycle theory is dead. My predictions were based on it—buy when whales accumulate, sell when retail joins. But that pattern no longer holds.')
Overview of the New Crypto Market
Ju emphasizes that the current market lacks a clear direction. Large holders are transferring their assets to new institutional companies and long-term investment funds. This has changed the traditional cycle where whales sold positions to retail, enabling liquidity. However, some experts believe the current cycle may still follow bull market trends. Analysts from Bitcoin Magazine Pro predict that the market could peak around October 2025, which is further supported by renowned analyst Ran Neer.
Recommendations for Investors
Despite varying expert opinions, it is crucial for investors to consider multiple perspectives and adapt their analytical approaches as the crypto market continues to grow rapidly. With increasing participation and adoption in the digital assets space, market observers should remain open to evolving trends.
By acknowledging his mistakes, Ki Young Ju emphasizes the need for new analytical frameworks in the changing cryptocurrency landscape, highlighting the importance of awareness and adaptability in investments.
