BTC’s cycle of bull is finished, Criptokuant’s Young says

Bitcoin (BTC) The bull market is over, according to the Cripto research company Criptokuant’s founder Ki Young.

He published it on X to expect 6-12 months of bears or aside the price action, because BTC Bull drives money, stating liquidity in the market.

“New liquidity is needed. The realized cap on the chain stopped, signaling fresh capital inflows. For example, Blackrock’s Ibit saw three real weeks of outflow,” he said in a telegram in a telegram. “Even with the volume of records near $ 100,000, the price of Bitcoina barely moved. Without a new liquidity to move heavy sales, this is a bear signal.”

A recent cryptocuant report He made the case that the BTC return to a 63,000 dollar marks with metric signals with a key assessment of MVRV metrics, which compares Bitcoin’s market value (MV) to its realized value (RV).

MVRV Z-achieves the result below its 365 days of movement of average signals that the BTC moment price weakened, historical harmonization with deeper corrections or at the beginning of the bear market.

$ 75K- $ 78K Support level is critical, spotted Cryptocuant Analysts, marked by slowing detergent accumulations and the net of ETFS, continues to add pressure on American correction, increasing the risk of price correction.

This echoes this LMAK Group Joel Kruger and Coinbase Institutional David Duong Recently said CoystemWith both warnings to maintain weakness in American capital in the middle of economic uncertainty and global tension could deteriorate bear pressure on crypto markets, with stagflation as well.

Polimarket Bettio give 51% chance that BTC completes the week between the range of $ 81 and $ 87,000 and a 31% chance to reach 75k dollars by the end of the month.

In the last month, Bitcoin is 15% down, According to the COINDESK index datawith his Refusing to delete any post-election gain.