tl;dr
CryptoQuant CEO Ki Young Ju predicts that the current Bitcoin bull market could be the longest in its history, fueled by optimism after Bitcoin reclaimed the $100,000 milestone, pushing the total market capitalization close to $3.6 trillion. Experts echo this sentiment, with some cautioning against ...
CryptoQuant CEO Ki Young Ju predicts that the current Bitcoin bull market could be the longest in its history, fueled by optimism after Bitcoin reclaimed the $100,000 milestone, pushing the total market capitalization close to $3.6 trillion. Experts echo this sentiment, with some cautioning against excessive optimism. While some foresee a significant upswing, others, such as Arthur Hayes, co-founder of BitMEX, offer a more tempered outlook, predicting a peak in mid-March 2025 followed by a severe correction. Despite differing views, a common thread is the acknowledgment of liquidity as a cornerstone of the crypto market's trajectory.
As of the writing, BTC was trading at $101,784, representing a modest surge of nearly 3% since the Tuesday session opened. CryptoQuant CEO Ki Young Ju has predicted that the ongoing Bitcoin bull market might be the longest in the cryptocurrency’s history. Optimism surged after Bitcoin (BTC) reclaimed the $100,000 milestone on Tuesday, pushing the total market capitalization close to $3.6 trillion.
In the post, Ki Young Ju highlighted the critical role of liquidity in sustaining the upward momentum of digital assets. "This Bitcoin bull cycle might turn out to be the longest ever. New liquidity sources are steadily fueling the market, and more are waiting to be unlocked," he said. The crypto community has largely echoed Ki Young Ju’s sentiment, with many experts forecasting further market growth. The DeFi Investor, a prominent voice in decentralized finance, issued a cautious yet optimistic statement. "I don’t believe that this bull market is over yet. But please don’t fall for the supercycle trap. Too many people ended up losing millions last cycle due to greed," he warned in a separate X post. This suggests that while opportunities abound, prudent risk management remains essential for investors.
Adding fuel to the optimism, crypto influencer Lark Davis, also known as The Crypto Lark, believes the market is primed for a significant upswing. "The next leg of the bull market is about to start. This is the leg where you will experience euphoria and make face-melting gains," Davis expressed. Davis’ enthusiasm reflects the heightened expectations as the market braces for the next phase of growth.
However, not all experts share this unbridled optimism. Arthur Hayes, co-founder of BitMEX, offers a more tempered outlook. As BeInCrypto reported, Hayes predicts the crypto market will peak in mid-March 2025, followed by a severe correction. "The question I aim to answer is whether a positive dollar liquidity impulse can smother the disappointment in the speed of implementation and impact of Trump’s supposedly pro-crypto and pro-business policies," Hayes wrote in his essay. Hayes’ statement followed an analysis of the interplay between market liquidity and political developments. He emphasized the importance of US dollar liquidity as a key driver of the crypto market and noted that shifts in Federal Reserve policy and US Treasury operations could create short-term volatility.
According to Hayes, the net liquidity injection of $57 billion in the first quarter could sustain the bull market temporarily before broader economic pressures lead to a correction. Despite differing views, a common thread among these market experts is the acknowledgment of liquidity as a cornerstone of the crypto market’s trajectory. While Ju and Davis foresee a prolonged bull run with significant gains, Hayes’ cautious analysis suggests a more volatile road ahead. Nevertheless, traders and investors must conduct their own research, balancing optimism with careful planning.