Ki Young Ju: Bitcoin Bear Cycle Over
Ki Young Ju posted on X that the Bitcoin bear cycle has ended and forecasts 12-24 months of bullish or sideways price action as BTC trades at $83336.01 with mixed technical signals.
SourceAnalysis
Ki Young Ju declared the Bitcoin bear cycle over in an October 13 post, projecting 12-24 months of bullish or sideways movement.
BTC sits at $83336.01 inside its Bollinger bands on the 4h chart, with the EMA50 at $83467.78 capping upside while the EMA200 at $82317.98 provides deeper support. The MACD golden cross at -16.45 hints at building momentum even as RSI at 50.65 stays neutral, pointing to a likely probe of the upper band at $84239.97 before any sustained advance.
Ki Young Ju
@ki_young_juFounder & CEO of CryptoQuant.com