Bitcoin Bull Run Could Last Until 2025

Bitcoin's price surge has sparked curiosity about the duration of its bull run. CryptoQuant CEO, Ki Young Ju, argues that the current cycle could extend until at least April 2025, potentially making it the longest Bitcoin bull cycle ever.

Ju's projection is based on a Bitcoin growth rate difference statistic he created for May 2024. By monitoring long-term market movements, investors can gauge whether the asset is still in a growth phase or nearing a peak. Currently, Bitcoin is in a "critical zone" where market signals exhibit both bullish and bearish patterns. The next few weeks or months will be crucial in determining the cryptocurrency's trajectory.

Bitcoin's recent price fluctuations have caused concern among investors, with the asset losing 30% of its value in recent days. However, Ju remains unfazed, noting that severe pullbacks are not uncommon during a bull cycle. Historical records support his assertion, with earlier bull runs experiencing price losses of up to 52% before recovering. If history serves as a guide, Bitcoin may still have surprises in store and could make strong upward moves despite market volatility.

Institutional investors play a significant role in Bitcoin's price movements. BlackRock's recent sell-off of roughly $70 million in ether and $440 million in bitcoin could temporarily devalue the asset and alter investor sentiment. These events may influence Bitcoin's price direction in the coming months, even as Ju maintains an optimistic outlook.

As of now, Bitcoin is trading at the $79,900 level, having peaked at $86,990 and fallen to a low of $79,490. Despite its recent struggles, Ju's research suggests that the bull run is far from over. With April 2025 just a month away, traders and experts remain captivated by Bitcoin's long-term trend and the potential developments on the horizon.

Ju's observations provide a data-driven perspective on the market, although no one can predict its movements with certainty. As Bitcoin continues to evolve, investors will closely monitor its progress, eager to see whether it follows past patterns or forges new ground in the dynamic crypto space.