CryptoQuant CEO Predicts Longest Crypto Bull Market Ever
Date: 2025-01-09 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
Bitcoin has once again surpassed $100,000 this week, boosting investor confidence in the continued rise of cryptocurrencies. In a post on X (formerly Twitter), Ki Young Joo emphasized the key role liquidity plays in maintaining market momentum.
“This could be the longest Bitcoin cycle yet. New liquidity flows are already fueling the market, and more is on the way,” he said.
Most crypto community members agree with this view. Experts also expect further gains, but caution against overconfidence. An analyst who goes by the pseudonym The DeFi Investor reminded that many investors have lost significant amounts of money in the past due to greed.
“The market is still on the rise, but avoid the supercycle trap. Lessons from the past show that caution is necessary,” the analyst added.
Renowned crypto influencer Lark Davis, known as The Crypto Lark, is confident that the crypto market is ready for a new stage of growth.
“We are approaching the euphoric stage where the returns can be amazing,” he noted in his speech.
However, not everyone shares the optimism of Ki Young Joo and Davis.
Former BitMEX CEO Arthur Hayes predicts that the peak of the current cycle will occur by mid-March 2025, after which the market may face a serious decline.
In his essay, Hayes noted that the liquidity of the US dollar remains a key factor, and political events such as the US presidential election will also have a significant impact.
According to his calculations, net liquidity of $57 billion will support the market in early 2025, but economic factors will create pressure, which will cause a correction.
At the time of publication, the price of Bitcoin was $95,357. The day before, BTC surpassed the $102,200 mark, but then fell after the release of data on vacancies in the United States (JOLTS).
