70% BITCOIN CRASH COMING? CRYPTOQUANT CEO SAYS ONE FACTOR COULD DECIDE

Bitcoin’s recent pullback is being viewed by analysts less as a technical breakdown and more as a liquidity slowdown. CryptoQuant CEO Ki Young Ju explained that the previous rally was heavily supported by steady capital inflows, but that flow has now weakened — changing the market structure and increasing uncertainty about the next phase.

According to Ki, a deep full-cycle crash similar to past 70% bear markets is not guaranteed. He believes such a scenario would likely depend on one major condition: whether Strategy (formerly MicroStrategy) shifts from being a consistent Bitcoin buyer to a large-scale seller. As long as major accumulation players remain supportive, the probability of an extreme collapse may stay limited.

He also highlighted that Bitcoin’s Realized Cap has flattened, signaling that fresh capital is not entering the ecosystem. When realized cap stalls while market cap declines, it typically reflects a lack of bullish momentum rather than the expansion phase seen in strong bull markets. Profit-taking has been ongoing for months, but ETF inflows and corporate buying previously absorbed selling pressure and kept prices elevated.

Another key concern is shrinking stablecoin liquidity. CryptoQuant analyst Darkfost noted that stablecoin supply — often used as a measure of deployable crypto capital — has started to decline after strong growth since 2023. Exchange flow data suggests investors are becoming more defensive, with outflows indicating reduced risk appetite across the market.

Despite these warnings, analysts do not see confirmation of a market bottom yet. Instead of a sudden crash, many expect a prolonged sideways phase where volatility remains high but strong upward trends struggle to form without new buyers stepping in. For now, liquidity conditions and institutional behavior remain the biggest variables shaping Bitcoin’s next move.

#Bitcoin #CryptoNews #BTC #CryptoMarket #BinanceSquare #CryptoAnalysis #MarketUpdate #TradingPsychology #Liquidity #CryptoQuant