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The massive arrival of institutional investors changed the landscape for bitcoin.
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Several months of lateralization are coming, the businessman predicts.
Ki Young Ju, the CEO of on-chain data explorer CryptoQuant, believes bitcoin (BTC) could be running out of bullish momentum in the coming months. However, he believes that this will not amount to a bear market like those he has perceived in the past.
Under his arguments for this thesis, he maintains that capital inflows into bitcoin have dried up. In this context, he considers that, as liquidity channels are more diverse now, it does not make sense to schedule inflows.
However, it is no reason to fear, according to the CryptoQuant leader: “Institutions holding assets long-term have ended the old retail whale cycle. MSTR will not sell a significant portion of its 673,000 BTC.
Rather, what he observes is that investment in bitcoin has slowed as money has poured into stocks and precious metals. Therefore, as long as this continues, does not mean strong selling pressuresince there are investors who do not get rid of their BTC.
As a result, “I don’t think we’ll see a drop of 50% or more from its all-time high like in previous bear markets. “It will just remain stable over the next few months,” he said.
Not everyone rules out the end of bitcoin’s bullish cycle
For the analysis firm Glassnode, bitcoin is in a “fragile consolidation regime.” This is because demand remains moderate, as reported by NoticiasVE. Such a situation leaves the market sensitive to volatility and the risk of profit taking as he tries to rebuild higher ground.
The price of bitcoin has recorded a recovery in 2026 to $95,000 (USD). Thus, it remains within the margin of lateralization that it has had since the end of November, as seen below.
However, while some see the market as fragile due to low demand, others foresee the possibility that the upward trend will be reactivated. With price consolidation, “it looks like it’s ready to take off again,” fund manager Bill Miller IV said this week.
The specialist expects BTC to break towards a new all-time high, driven by the interest it attracts as a hedge against inflation. In his opinion, you should not worry about the price decline which it had after reaching a record in October of $126,000. See this as part of normal volatility.