CryptoQuant CEO and Chinese Analyst Declare "Bitcoin Bear Market is Over," Revealing Their Expectations!

cryptonews.ruPublicado em 2026-08-21Última atualização em 2026-08-21

Resumo

Bitcoin and other cryptocurrencies have seen a significant price surge recently, with Bitcoin rising from around $63,000 to over $79,000, marking an approximate 23% increase since August 19th. This rally is attributed to short liquidations and increased spot market demand, reviving positive market sentiment. Ki Young Ju, CEO of CryptoQuant, asserts that Bitcoin's bear market has effectively ended. He interprets the recent strong recovery as a sign of market resilience and a potential bottom, though he acknowledges a short-term correction is still possible. Echoing this view, Jack Yi, founder of LD Capital, states that Bitcoin's bear market is officially over. His technical analysis points to Bitcoin decisively crossing key moving averages on daily and weekly charts. He believes the drop from $126,000 to $57,000 represents the final bottom, making a return to $50,000 unlikely. While expecting the uptrend to continue for about two more weeks, both analysts warn of a likely correction thereafter and caution leveraged investors about associated risks. *This is not investment advice.

In recent days, Bitcoin and altcoins have experienced significant growth. Bitcoin, which started the week around $63,000, continued its rapid rise, climbing above $79,000.

Since August 19, the value of $BTC has increased by approximately 23%, largely attributed to short liquidations and increased demand on spot markets.

This rally has brought positive sentiment back to the market, while some analysts claim the bear market may have ended.

Has the Bitcoin Bear Market Really Ended?

Accordingly, CryptoQuant CEO Ki Young Ju asserts that the Bitcoin bear market has, in fact, ended.

The well-known CEO stated that Bitcoin's recent recovery indicates the market remains strong and the $BTC trend is robust, suggesting the bear market may indeed be over.

Ju also added that in a bear market, such a recovery is often seen as a sign that a bottom has been reached.

However, Ju noted that a short-term correction is still possible, adding that the resilience of the current price movement is a positive signal for Bitcoin.

"$BTC looks strong here. Similar rallies in bear markets typically signal a bottom has been reached."

We might see a small pullback, but the bear period is mostly over.

In addition to the CryptoQuant CEO, Jack Yi, founder of LD Capital, also assessed the situation as the official end of the Bitcoin bear market.

Jack Yi, in a statement from his X account, noted that $BTC has clearly crossed the 120-day and 200-day moving averages on the daily chart, as well as the 20-week moving average on the weekly chart, concluding that the bear market has officially ended.

Yi stated that the price increase could continue for another two weeks, but a correction is likely after that.

At this stage, Yi stated that Bitcoin's approximately 56% drop from $126,000 to $57,000 represents the final low, and a return to the $50,000 level is unlikely. However, maintaining his bullish stance, Yi warned investors, especially those using leverage to open long positions, of the risk of a potential correction.

*This is not investment advice.

end-content

Perguntas relacionadas

QAccording to the article, who claims that the Bitcoin bear market has ended?

AKi Young Ju, the CEO of CryptoQuant, and Jack Yi, the founder of LD Capital, both state that the Bitcoin bear market has ended.

QWhat specific technical indicators did Jack Yi mention to support his conclusion about the bear market ending?

AJack Yi mentioned that Bitcoin crossed the 120-day and 200-day moving averages on the daily chart, as well as the 20-week moving average on the weekly chart, leading him to conclude the bear market is officially over.

QWhat potential risks did the analysts mention despite their bullish outlook on Bitcoin?

ABoth analysts warned that a short-term correction or pullback is still possible. Ki Young Ju noted a short-term correction is possible, and Jack Yi warned leveraged long-position investors about the risk of a potential correction.

QApproximately what was the price increase of Bitcoin mentioned from August 19th in the article?

AThe price of Bitcoin increased by approximately 23% from August 19th.

QWhat price range does the article describe as representing the 'final bottom' for Bitcoin's recent drop?

AThe article states that the drop from $126,000 to $57,000, representing a fall of about 56%, is considered the final bottom, making a return to the $50,000 level unlikely.

Leituras Relacionadas

You'll Be Surprised How Much WeChat's Architecture Differs from Telegram's

An article compares the core architectural philosophies of WeChat and Telegram, highlighting fundamental differences in data storage, monetization, and developer ecosystems. **Data Storage:** Telegram offers unlimited, synchronized cloud storage for seamless access across all devices. In contrast, WeChat stores chat history locally on each device, requiring a manual migration process for transfer and tethering desktop sessions to an active smartphone. **Features & Ecosystem:** Telegram's open Bot API allows for easy, free bot creation, while WeChat's massive ecosystem of over 4.8 million "mini-programs" operates within a closed, curated, and more regulated platform. Commenting also differs: Telegram uses integrated discussion threads for channels, whereas WeChat relies on pre-moderated comments for official accounts and separate chats for interaction. **File Sharing & Payments:** Telegram supports large file transfers (up to 4GB for Premium), while WeChat limits most files to 200MB. A key divergence is in payments: WeChat Pay is deeply integrated into daily life and commerce in China, whereas Telegram lacks a comparable built-in fiat payment system, focusing instead on third-party bots and crypto. **Analysis:** The comparison reveals two distinct models: WeChat is a tightly integrated, closed ecosystem deeply embedded in the real economy, while Telegram prioritizes open protocols, flexible data handling, and low barriers for developers. An added perspective notes that WeChat's fusion of messaging and payments in a single interface without end-to-end encryption for chats potentially broadens the attack surface, raising security questions as more functions converge.

cryptonews.ruHá 6m

You'll Be Surprised How Much WeChat's Architecture Differs from Telegram's

cryptonews.ruHá 6m

Weekly Token Unlock: H Token Unlock Reaches 7.9% of Circulating Supply

Weekly Token Unlock Roundup: Humanity Protocol Leads with 7.9% of Circulating Supply This week's major token unlocks feature several notable projects. Humanity Protocol (H) has the most significant unlock, releasing 270 million tokens valued at approximately $19.88 million, which represents 7.9% of its circulating supply. The project is an anti-sybil blockchain network focused on human identity verification and user data ownership. Other projects with substantial unlocks include SoSoValue (SOSO), an AI-powered crypto investment research platform, unlocking 23.45 million tokens worth about $7.27 million. Collector (COLL), a platform bridging physical collectibles with Web3 digital markets, is unlocking 28.86 million tokens valued at roughly $5.57 million. Each project section includes links to their official Twitter and website, details on the unlock amount and value, a brief description, and a visual token release schedule chart. The unlocks represent planned emissions according to each project's vesting and distribution timetable.

marsbitHá 46m

Weekly Token Unlock: H Token Unlock Reaches 7.9% of Circulating Supply

marsbitHá 46m

China's Most Famous Crypto Maniac: 'I'll Buy This Altcoin With All My Assets'

The most prominent Chinese crypto miner Jiang Zhuo'er, founder of BTC.TOP, has revised his earlier bearish outlook, now expressing 90% confidence that the bear market is over. He predicts Ethereum (ETH) may outperform Bitcoin (BTC) in the current cycle. Jiang detailed his recent trading activity, repurchasing ETH between $1,738 and $1,931 and setting a stop-loss at $2,100, then selling 50% of his spot ETH at $2,525 with a stop-loss at $2,550. He plans to allocate 20-30% of his remaining capital to buy ETH, using the rest if Bitcoin drops to the $67,000-$72,000 range. Otherwise, he intends to purchase ETH at market price by the end of October. Jiang notes the market's strong upward trend makes precise peak prediction difficult.

cryptonews.ruHá 1h

China's Most Famous Crypto Maniac: 'I'll Buy This Altcoin With All My Assets'

cryptonews.ruHá 1h

Hacker Leaks GTA6 and Launches a Token: Leaked Videos Become Ad Space for $CYBERLEEK, Must Buy Tokens to Vote for Next Clip

A hacker group called "CyberLeek" has leaked gameplay footage of the highly anticipated video game *GTA 6*, which is slated for release in 2026. Simultaneously, the group launched a meme token, $CYBERLEEK, on Solana. The leaks, which include maps and gameplay clips, are heavily watermarked with advertisements urging viewers to buy the token. Investigations of blockchain data reveal that the token was created and funded from a single wallet approximately eight hours before the first leak was released, suggesting a coordinated plan. The group has implemented a voting system where token holders can "vote" for the next type of content to be leaked by sending $CYBERLEEK tokens to a designated wallet—a process that permanently transfers the tokens to the hackers. This creates a self-sustaining cycle where interest in the leaks drives token purchases. Financially, the operation involved minimal upfront costs (less than $3,500 in out-of-pocket expenses) but generated significant revenue. On its first day, the token saw $15 million in trading volume, netting the creators an estimated $30,000 from transaction fees alone. While the group later burned a large portion of its developer-held tokens (worth over $1 million) to build trust, the fee-generating mechanism remains intact. The game's publisher, Take-Two Interactive, has initiated legal proceedings to identify the hackers. Despite this, the case demonstrates a new model where leaked intellectual property is used as leverage to promote and profit from a cryptocurrency, with meme token markets serving as an additional revenue stream.

marsbitHá 2h

Hacker Leaks GTA6 and Launches a Token: Leaked Videos Become Ad Space for $CYBERLEEK, Must Buy Tokens to Vote for Next Clip

marsbitHá 2h

Bitcoin and Altcoins Rise, but Analyst Warns: These Levels Could Trigger Significant Fluctuations

Bitcoin and altcoins continue to rise, but analysts warn that specific price levels could trigger significant market volatility. Market analyst Joao Wedson from Alphractal points to crucial liquidation zones based on an analysis of open leveraged positions over the last 30 days. He identifies $61,000 and $57,000 as key downside levels where a high concentration of long positions could face liquidation pressure, potentially accelerating a sell-off. Many of these positions were initiated when Bitcoin traded between $65,000 and $68,000, making them vulnerable. Furthermore, clusters of stop-loss orders placed near these levels could exacerbate selling if prices drop sharply. On the upside, a significant liquidation zone exists between $85,000 and $86,000, though these positions are mostly over a month old. The analysis underscores the heightened risk of market swings driven by the unwinding of leveraged bets at these critical price points.

cryptonews.ruHá 3h

Bitcoin and Altcoins Rise, but Analyst Warns: These Levels Could Trigger Significant Fluctuations