Analyst dey predict distinct Bitcoin bull market and multi-year bear market fears with key market signals
CryptoQuant CEO Ki Young Ju don talk say di current Bitcoin bull market no be bubble because of di increased whale activity and stable capital inflow wey make am mature. On di other hand, Jacob King wey be WhaleWire warn say we fit face prolonged bear market, as e point out some major developments like MicroStrategy wey reduce di amount wey dem dey buy Bitcoin, El Salvador wey dey change dia policies, BlackRock wey dey sell dem Bitcoin, and Tether wey don stop minting wey dem dey do as di price dey stagnant. King also talk say di market optimism wey dey driven by greed fit coincide with a crash for di broader stock market. Dem dey advise traders to reassess dia risks because all dis mata fit really affect di trends wey dey come.
Bearish
Di combined analysis wey dem get from both articles dey show say e be bearish outlook because of di concerns wey Jacob King don raise about di possibility of long bear market. Some significant factors na di reduced buying from big entities like MicroStrategy, policy changes from El Salvador, and BlackRock's BTC sales. Though Ki Young Ju don highlight say na mature bull market, dis factors plus di halted minting wey Tether don do during stagnation dey stress di risk of instability, wey dey overshadow di short-term optimism wit potential market downturn.