The Bitcoin mid-September rally has slowed down leading up to the end of the month. Although it ended September at a green monthly candle close, the cryptocurrency has fallen below the psychological $65,000 price mark again, with the fear and greed index returning from greed to neutral sentiment. This seems to have caused some second-guessing among Bitcoin investors. However, CryptoQuant CEO Ki Young Ju is not entertaining any such thought.

According to Ki Young Ju, Bitcoin is still in the middle of a bull cycle. This is positive news for Bitcoin investors, as the crypto industry is now transitioning into a historically bullish fourth quarter of the year. 

Bitcoin Bull Market Not Over

CryptoQuant CEO Ki Young Ju is part of fervent Bitcoin investors who remain unfazed by the recent price fluctuations. However, his stance isn’t just based on speculations but is backed by technical price data and analysis. Ki Young Ju draws his bullish outlook on the Bitcoin growth rate difference, which presents an interesting outlook on the cryptocurrency. Essentially, the Bitcoin growth rate difference compares the market cap of Bitcoin to its realized cap in order to gauge its bullish or bearish strength.

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The market cap of a cryptocurrency is the total value of all coins in circulation, calculated by multiplying the current price by the total supply. In contrast, the realized cap takes into account the actual value paid for each BTC in circulation based on the price at which each coin last moved. A higher market cap growth rate suggests the spot price of the average coin has increased compared to the last it was moved.

According to a Bitcoin technical chart he shared on social media platform X, Ki Young Ju noted that Bitcoin’s market cap is still growing faster than its realized cap, which continues to point to a bull cycle. Notably, the analyst has mentioned in an earlier analysis of the growth rate difference that this trend, which started in late 2023, typically lasts for an average of two years. 

What Does This Mean For BTC?

Going by past bull cycle trends, which Ki Young Ju noted typically lasts for about two years, Bitcoin is expected to continue in a bull cycle for at least more than a year going forward. Furthermore, current fundamentals point to steady growth for Bitcoin as inflows continue to pour in from institutional investors.

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Speaking of institutional investors, Spot Bitcoin ETFs, which ended last week with the largest inflow ($494.27 million) since July 22, have begun the new week on a positive note. Particularly, they registered $61.3 million in net inflows yesterday, which is a sign of good things to come. Institutional involvement, especially through vehicles like Spot Bitcoin ETFs, is a crucial factor in BTC’s sustained price growth.

At the time of writing, Bitcoin is trading at $64,080.

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Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target.

Why Bitcoin Will Rise To $100,000 In 2025

Luke Broyles, a prominent crypto analyst and Bitcoin enthusiast recently dived into a discussion about the relationship between Bitcoin’s price and inflation, specifically how the United States (US) inflation affects the value of the cryptocurrency over time. The analyst argues that by 2025, Bitcoin’s nominal price could reach $100,000 due to inflation. However, the extent of this price rally would barely reach levels seen in 2021. 

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Before making his $100,000 bullish forecast, Broyles predicted that Bitcoin could rise to $65,000 soon. He compared his projected price leap to Bitcoin’s price all-time high in 2021, which was above $69,000. 

According to the analyst, the real value for the 2021 ATH, adjusted for inflation, is actually $83,000 in today’s market. This implies that even if Bitcoin’s current value surges to new levels around $65,000, the cryptocurrency would not have the same purchasing power it did in 2021.

Broyles has projected that in the next six to eight months, there will likely be more money printing, potentially increasing inflation further. Subsequently, he predicts that this rise in inflation could be a catalyst to pushing Bitcoin’s price to $95,000. 

Commenting on the analyst’s predictions, a crypto community member questioned his analysis of Bitcoin’s future trajectory, highlighting that a $95,000 price increase was bearish.

Another crypto member claimed that inflation in the US is much higher than what is reported, stating that “the real Bitcoiners” believe that inflation is at least 21% per year, as such Bitcoin should be worth $210,000. Responding to the member, Broyles expressed skepticism about the 21% inflation claim but admitted that inflation could be as high as 12%, 14%, and 16% annually. 

In a previous post, Broyles analyzed the current status of the Bitcoin bull market. According to the analyst, the market cycle is halfway through, with 50% of the expected timeline completed and 40% of potential returns achieved. Additionally, Bitcoin’s market sentiment has developed only 10% and Fear Of Missing Out (FOMO) has barely begun, at just 5%.  

Analyst Predicts Next BTC Top

On September 24, crypto analyst Ali Martinez forecasted Bitcoin’s next market top in this cycle. According to Martinez, if Bitcoin’s Long Term Power Law holds true, the market can expect the cryptocurrency’s next peak to reach $400,000. 

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The Bitcoin Power Law is a concept or theory that suggests a specific mathematical relationship between the price of Bitcoin and its market behavior or adoption. As of writing, the price of Bitcoin is trading at $63,807, reflecting an 8.76% increase over the past week. 

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Since March, Cardano (ADA) has experienced recurring periods of significant price declines. However, crypto pundit Dan Gambardello, a popular analyst on the Crypto Capital Venture’s YouTube channel, predicts a potential bullish reversal based on an analysis of the weekly and daily charts.

Key Technical Indicators Support Bullish Outlook

According to the analyst in a recent video, ADA is poised for a significant breakout, potentially reaching around $31, representing a remarkable 8,500% increase from current levels. The analyst highlighted that the market has experienced “180 days of downside” since March, creating favorable conditions for this anticipated surge. 

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He further suggested that ADA could break its current cycle of lower highs and lower lows, citing key technical indicators, particularly the MACD (Moving Average Convergence Divergence) on the weekly chart, which is showing signs of a bullish crossover. “The macro momentum of Cardano is signaling its readiness to bottom,” he said, emphasizing the upward momentum of the MACD histogram since May.

However, he cautioned that ADA has yet to decisively move above the 20-day and 50-day moving averages. He warned that while testing key levels, the move could fail, advising patience until more price action confirms a true breakout. While some analysts view Dan Gamberdello projections as overly optimistic, crypto analyst Sssebi has offered a more conservative forecast.

He forecasts a rally of 20x to 30x for Cardano over the next year. Sssebi noted that Cardano current position mirrors its state during the last cycle, indicating a major rally may be imminent. He predicts that Cardano could hit a minimum price of $5 by 2025, with a possible peak of $10 during the height of the bull market.

Cautious Outlook For Cardano

However, not all analysts are as bullish. Trader “Lingrid” has adopted a more cautious perspective regarding Cardano (ADA), predicting a short-term pullback for the cryptocurrency. In a recent post, he noted that “ADAUSDT appears bearish on the daily timeframe,” forecasting a potential decline to $0.325 and suggesting that ADA may remain within the consolidation zone between $0.30 and $0.34 for an extended period.

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This negative outlook is further reinforced by the bearish on-chain metric. According to Coinglass, ADA’s Long/Short ratio currently stands at 0.926, indicating a prevailing bearish sentiment among traders.

Furthermore, its future open interest has declined by 3.8% in the last 24 hours and has been steadily falling. This suggests that traders are either liquidating their positions or hesitant to establish new ones.

At press time, ADA was trading near the $0.352 level and had experienced a modest price decline of 0.8% in the last 24 hours. During the same period, its trading volume had dropped by 18%, indicating lower participation from traders amid selling pressure.

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