Buckle Up, Bitcoin's Bear Market Could Last Another Six Months!

CryptoQuant CEO Drops Bombshell: Bitcoin's Stuck Despite Cash Flow

Hang onto your hats, crypto fans! Bitcoin might be in for a wild ride, staying in a bear market for at least six more months, says CryptoQuant CEO Ki Young Ju. Despite money pouring in, the price isn't budging, and on-chain data is screaming "bear market" loud and clear.

Bitcoin's April Blues: Prices Plummet to Three-Week Low

Bitcoin (BTC) kicked off April with a bang, but not the good kind. It crashed to a three-week low of $77,077. In a fiery post on X dated Apr. 5, Ju laid it all out: the current Bitcoin bear market is written all over the on-chain metrics like market cap and realized cap.

Realized Cap vs. Market Cap: The Bear Market Telltale

Here's the deal: realized cap tracks the real cash flowing into Bitcoin based on wallet movements, while market cap is just the latest price on exchanges. When market cap stagnates or drops even as realized cap rises, you've got yourself a classic bear market. It's like money's coming in, but the price is playing dead.

Ju's Tweet Storm: Why the Bitcoin Bull Cycle's Over

#Bitcoin bull cycle is over — here’s why.

There’s this thing called Realized Cap in on-chain data. It's simple: when BTC hits a blockchain wallet, it's a "buy," and when it leaves, it's a "sell." With this, we can guess an average cost… pic.twitter.com/xDHRin8N1K

Bull Market Dreams Dashed: Even Big Bucks Can't Save Bitcoin

Ju's not pulling punches. He says a bull market kicks in when a little cash can send prices soaring. But right now, we're in full-on bear mode because even massive capital injections aren't moving the needle on Bitcoin's price. And get this: historical data shows a real price turnaround takes at least six months, so don't hold your breath for a quick comeback.

Bitcoin's Worst Q1 Start Since 2018: A Harsh Reality Check

Coinglass data's got the numbers, and they're brutal. Bitcoin had its worst Q1 start since 2018, tanking 11.8%. First-quarter losses have been a mixed bag for Bitcoin's yearly performance. Remember 2020? COVID fears knocked it down 9.4%, but it roared back over 300% by year-end. But Q1 losses in 2014, 2018, and 2022? They signaled the end of bull runs and the start of bear markets.

Trump's Tariffs Shake Up Bitcoin: Economic Hedge Status in Question

And if that's not enough, President Trump's new tariffs are sending shockwaves through global markets. Bitcoin saw gains after Trump's election, but these tariffs are making investors question its role as a U.S. economic hedge. With recession fears on the rise, Bitcoin's resilience is about to be put to the ultimate test in the coming months.