This Bitcoin Bull Cycle ‘Might Be The Longest Ever’ – Top Analyst Explains Why

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2025 finds Bitcoin soaring past $100K, a development that’s sparking optimism among traders and suggesting robustness in the market. This leap has boosted a positive outlook for BTC during the first quarter, as many expect additional growth. Yet, even amid this excitement, there’s a note of caution. Analysts and investors are discussing the path of this bullish trend, with some predicting a shorter spree due to lingering economic uncertainties on the macro level.

Expanding on the conversation, CryptoQuant CEO Ki Young Ju recently provided intriguing perspectives implying that this ongoing Bitcoin bull run might break records by being the longest ever experienced. Ju’s analysis emphasizes Bitcoin’s robustness and underscores the evolving trends in market involvement and adoption that could potentially prolong the cycle.

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Amidst broader market uncertainties, Bitcoin’s recent surge surpassing the $100K mark has sparked renewed enthusiasm, potentially hinting at a groundbreaking year for the top cryptocurrency. As we move through Q1, attention is focused on Bitcoin to determine if it will sustain its upward trend and defy critics’ views about the duration of this cycle’s lifespan.

Bitcoin Preparing For A Monster Rally

The price of Bitcoin has reached a notable milestone by surpassing $100,000 again and creating a new high within the past four hours. Some analysts foresee a possible peak at approximately $108,300, but on-chain analysis and professional opinions hint towards an extended bullish momentum potentially continuing.

According to CryptoQuant analyst Axel Adler, the recent decrease in Bitcoin held by US ETFs since December 20th may not indicate a shift in investor sentiment, but rather a holiday-induced fluctuation that shouldn’t worry us about waning institutional interest. This viewpoint suggests that Bitcoin’s upward trend remains strong and unbroken.

Ki Young Ju, CEO of CryptoQuant, is adding to the optimistic sentiment by suggesting that this Bitcoin bull run could extend to become the longest on record. He believes this is possible due to a consistent influx of new funding sources and untapped capital waiting to be released. This continuous infusion of funds has typically driven prolonged growth in Bitcoin, setting the stage for potential price escalation.

From my perspective as an analyst, with Bitcoin (BTC) firmly established above the $100K mark, the bullish indicators suggest a market ready for further growth. I’m keeping a keen eye on how BTC navigates immediate resistances to determine if it will sustain its upward momentum.

Eyeing a Move Above ATH

Bitcoin currently stands at approximately $100,800 following a significant surge that took it to a peak of $102,760. This strong push has bolstered Bitcoin’s long-term optimistic pattern, demonstrating its robustness and hinting at potential for more upward movement. The present examination of the $100,000 mark is vital for sustaining the momentum as buyers aim to accumulate the required power to propel Bitcoin beyond its record high.

This second test for Bitcoin is an important turning point. If it manages to stay above $100,000, it will indicate a robust bullish trend and set the stage for a significant price surge. Many investors and traders are keeping a close eye on this threshold, understanding its psychological and technical importance. Moving beyond this period of consolidation could open paths for Bitcoin to aim at new record-highs with greater certainty.

If Bitcoin (BTC) doesn’t manage to maintain $100K as a support level, it could lead to an extended period of sideways movement. This situation might temper short-term excitement and cause investors to adopt a more cautious stance. For bulls to reinforce their strength and pave the way for further advancements in the bull market, they must keep BTC’s value above this critical level.

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2025-01-08 06:11