Bitcoin Bull Cycle Continues: Analyst Remains Confident Despite Recent Drops

Despite recent volatility and price drops, Ki Young Ju, CEO of CryptoQuant, believes the Bitcoin bull market is far from over. He argues that a significant correction to $77,000, which would represent a 30% decline from its peak value, doesn’t automatically signal the start of a bear market. Instead, he suggests it reflects the typical pattern of price corrections often seen during bullish cycles. Historical patterns show sharp price drops before continuing upward trends.