According to Odaily, Ki Young Ju, the Chief Executive Officer of CryptoQuant, has shared his insights on the current state of Bitcoin. He stated that Bitcoin is in the mid-term of a bull market, with its market value growing at a faster pace than its actual value. This trend typically lasts for about two years.
If this pattern continues, the bull market cycle for Bitcoin could potentially conclude in April 2025. This prediction is based on the current growth rate and market trends observed in the cryptocurrency sector. However, it's important to note that the cryptocurrency market is highly volatile and predictions can change based on numerous factors.