CryptoQuant's Ki Young Ju declares bitcoin bear market over, sees 12–24 months of upside or range
- —Ki Young Ju declared bitcoin's bear market over on October 13
- —CryptoQuant's PnL Index flashed a buy signal as holder profitability topped its yearly average
- —Whales outside exchanges and mining pools hold 3.03 million BTC, the most since November 2025
- —US spot bitcoin ETFs lost $681 million last week, their worst since late June
Why it matters: The cycle call is backed by whale accumulation, but ETF outflows and a $81,000–84,000 range keep the risk of prolonged consolidation alive.
Source: Journal du Coin