📉 CEO CryptoQuant: The bull market has ended
Now a 6–12 month bear or sideways price movement is expected, according to Ki Young Ju. Every on-chain metric signals a bear market. As fresh liquidity dries up, new whales sell Bitcoin at lower prices.
In the chart presented by Ju, a signal for the start of a bear market in 2020 can also be seen. At that time, on the contrary, a good upward movement followed.
