Criptokuant CEO admits not right about Bitcoin cycle of bull

Criptokuant Collo Ming says that it’s wrong about Bitcoin Big cycle “almost” after BTC recently exceeded $ 100,000. He believes that the market is currently in the transition phase.

In a recent mail, Cryptocual The founder and director of Ki Young Sorry His followers had wronged inaccurate prediction about Bitcoin (Btc) taurus cycle at the beginning of 2025. years. This has been proven by appial return BTC made when returned to a $ 100,000 trace, shortly after President Trump announced a new trading job with UK

“I apologize for the wrong prediction. I will try to provide high quality analyzes in the future. Thank you,” he said.

He concluded that the BTC market no longer relies on the traditional model dominating in the whale and retail, it was diverse presence instead ETFS and other institutional players.

“Bitcoin Market has become a lot of diverse. ETFS, MicroStratgi (MSTR), institutional investors, and even government agencies consider buying and selling Bitcoin,” he told her in his post.

As a result, Criptocuant CEO stated that it was time to get the practice only using the “taking profit” cycle for measuring market feelings. These cycles show the cashing whales during the peak price period, which usually run domino sales effect that ultimately lead to price drop.

“Now, instead of taking care of older whales, more importantly how much liquidity comes from institutions and ETFs, because this new inflow can outlast the whale store” “continued.

At the time of pressure, BTC has increased by more than 3% in the last 24 hours. The hands of $ 102,773 is currently trading. This is the first time that BTC has ruled a $ 100,000 threshold since February. However, the daily trading volume dipped for over 30% to $ 51 billion.

Although it believes that the indicators of mediation or market violence change, continues to maintain the importance of chain data analysis to determine the direction of the market, as it has done in previous market analyzes.

All in all, said that the market was currently at the transition period, where there was no colleague or medical. This is because it noticed that the market continues to slow in absorption of new liquidity.

“Of course, the recent price of the price is extremely, but I’m talking about a cycle that takes profits,” he clarified it.

Return in March, Ki Young her predicted That in the next six to 12 months, Bitcoin will see “bear or side to the side aside.” Support his point, he shared the historic chart, which emphasized the BTC index of cyclic signals that come from 2014. To this day.

Shortly afterwards, Bitcoin continued to descend until he entered below $ 75,000 after Trump announced the tariffs of exemption cover.