Ki-Young Ju: The Bitcoin bear market cycle is over. Only at 80k.... The CEO of CryptoQuant stated that the $BTC Bull-Bear market cycle indicator has exited the bear zone and is signaling the beginning of an early bullish phase. According to the analyst, this same indicator registered a similar transition in January 2023, after the end of the previous bear market. CryptoQuant's model analyzes on-chain data and compares current network activity with historical market phases. Honestly, I wouldn’t be surprised if we correct in September and this “super indicator” suddenly starts showing something completely different. Then they’ll switch back into their bearish shoes and say: “It was all just a fakeout!”