Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum.
The downturn comes as new liquidity inflows slow, which has prompted speculation that the latest bull cycle may be coming to an end.
Liquidity Slowdown, Whale Sell-Offs
CryptoQuant CEO Ki Young Ju reinforced the bearish outlook by tweeting that Bitcoin’s bull cycle is over. He expects prices to follow a sideways or bearish trend for the next 6-12 months as the market digests recent gains.
A key factor in his analysis is the behavior of “new whales” – large investors who have recently accumulated Bitcoin but are now selling at lower prices. This selling pressure, coupled with reduced demand, has led to increased market uncertainty.
#Bitcoin bull cycle is over, expecting 6–12 months of bearish or
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