As Bitcoin surpassed $100,000, CryptoQuant CEO Ki Young Ju has made a bold prediction about the current cryptocurrency bull market, suggesting it could become the longest-running upward trend in the asset's history.
The total crypto market capitalization has reached $3.6 trillion, prompting Ki Young Ju to highlight the steady influx of new liquidity sources as a key factor. "This Bitcoin bull cycle might turn out to be the longest ever. New liquidity sources are steadily fueling the market, and more are waiting to be unlocked," stated the CEO.
While optimism runs high among market participants, some experts advocate for caution. The DeFi Investor warned against excessive risk-taking, noting that many investors suffered substantial losses in previous cycles due to overconfidence.
Crypto influencer Lark Davis painted an enthusiastic picture, predicting "face-melting gains" in the next phase of the market cycle. However, BitMEX co-founder Arthur Hayes presented a more measured perspective, projecting a market peak in mid-March 2025 followed by a correction.
Hayes emphasized the relationship between US dollar liquidity and crypto market performance. His analysis points to a $57 billion liquidity injection in Q1 potentially supporting short-term growth, while noting that broader economic factors could introduce market volatility.
The varying viewpoints from industry experts underscore the complex nature of cryptocurrency markets. While some anticipate sustained growth driven by new capital inflows, others point to potential challenges ahead. Market participants are advised to conduct thorough research and maintain balanced investment strategies amid these differing predictions.