Bitcoin Theory is No Longer Valid, says Crypto Expert

Founder and CEO of CryptoQuant, Ki Young Ju, apologizes for his recent Bitcoin predictions. Ju admits that in recent months, the global crypto cycle has shifted rapidly, breaking the traditional market theories. He confesses that his theory is outdated, as he notes the shift in crypto whales’ behavior. 

The Bear and Bull Cycle Breaks in Crypto

CryptoQuant’s Ju realizes that the four-year bull and bear cycles driven by whale (large crypto holders) accumulation and retail investor behavior are no longer applicable in the current crypto environment. Initially, in April, Ju had predicted the end of the Bitcoin bull cycle, which he recently realized was incorrect. 

In a recent post on X, Ju states, “buy when whales accumulate, sell when retail joins. But that pattern no longer holds.” 

Currently, the large crypto holders are transferring their digital assets to new institutional treasury companies and long-term investment funds. This has changed the old cycle where whales sold their positions to retailers, allowing for fluent liquidity. 

Following the invalidation of his prediction, Ju states, “I sincerely apologize if my prediction impacted your investment. I’ll be more careful with forecasts and focus on providing data-driven insights.

What’s the Highlight of the New Crypto Market

Ju states that the current crypto market lacks clarity in direction, as he calls for new analytical frameworks to understand the evolving landscape. However, some experts suggest contrary opinions that the current cycle may still align with the bull markets. 

Based on the current prices and flows, Bitcoin Magazine Pro analysts predict that with the Bitcoin cycle, markets may peak around October 2025. Ran Neer, a renowned name in Bitcoin predictions, suggests that current market dynamics follow historical patterns, the bull market.  It may even continue into late 2025. 

What Should You Do?

Despite what the experts say, it is still crucial for investors to consider multiple perspectives and adapt analytical modes as the crypto market continues to rapidly grow. As the participation and adoption are increasing in the digital assets space, market observers should remain open to evolving trends.