It is a truth universally acknowledged, that a cryptocurrency in possession of a dwindling value, must be in want of a bull run. 🐂 And so, as the prices of Bitcoin continue to falter, the whispers of a bear market have grown loud, like a gossiping aunt at a ball. 🎭
Predicting The Longest Bitcoin Bull Run In History
Ki Young Ju, the esteemed CEO of Cryptoquant, hath taken to the digital realm to proclaim that the Bitcoin bull run is far from over. 📢 In a post on X, he posited that the cryptocurrency shall experience a most extensive price rally, one that shall last till the year 2025. 📆
Mr. Ju’s assertion is founded upon the historic two-year cycles of Bitcoin, and he doth believe that the current on-chain indicators, though straddling the “bull-bear boundary,” do point to a future price spurt. 🚀 “I expect this to be the longest bull run in history,” quoth he, “but I could be wrong.” 🙏
While the signs of a Bitcoin bull run are scarce, Mr. Ju doth argue that the next month shall provide confirmation of the market’s direction. He adviseth us to watch for asset demand in the wake of institutional outflows from exchange-traded funds (ETF). 📊
A Worst Case Scenario Will Be The $77K Mark
According to Mr. Ju, the recent decline of Bitcoin shall not see it slip below the $77,000 mark, with the worst-case scenario being a long-term consolidation at that level. 📉 BTC currently tradeth at $85,000, having lost 20% in a week beset by impending tariff wars and other black swan events. 🌪️
“Even in the worst case, I see a high probability of consolidating around 77K for a few months before moving back up,” quoth Mr. Ju. 📈
Mr. Ju concluded his predictions with a warning against leveraged directional bets, urging traders to approach with caution. ⚠️
Robert Kiyosaki Buys BTC Amid Price Slump
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” hath confirmed his intention to continue stacking in the wake of a BTC price dip. 📈 Kiyosaki expressed a lack of faith in the traditional monetary system, whilst poking holes in US bonds and its debt profile. 📊
The author described fiat as “fake money” whilst hinting at a resurgence for a Bitcoin bull run in the future. 💸 “I’ll trade fake money for gold, silver, and Bitcoin anytime they go on sale,” quoth Kiyosaki. 💰
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2025-02-27 19:57