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CryptoQuant Founder Declares End of Bitcoin Bear Market Cycle

Ki Young Ju forecasts 12 to 24 months of upward or sideways trading for Bitcoin after a proprietary profitability index triggered a buy signal.

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On October 13, 2026, CryptoQuant founder Ki Young Ju stated that Bitcoin's bear market cycle had ended, projecting 12 to 24 months of either bullish or sideways price action without setting a specific price target.

The assessment relies on CryptoQuant’s PnL Index, which monitors aggregate holder profitability. A recovery above its one-year moving average generated a buy signal, a pattern previously observed ahead of market turnarounds in 2015, 2019, and 2023.

The piece notes that Ki Young Ju had previously called the end of the bull run prematurely in March 2025, prior to Bitcoin reaching a peak of $126,000 seven months later. The subsequent downturn started in October 2025, pushing Bitcoin down to a low of $60,000 in 2026 before recovering to $87,000 by late September.

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