According to CryptoQuant CEO Ki Young Ju, the recent surge in #Bitcoin past $94K might be more than just a rebound — it could be a sign that the bull market is alive and kicking.

Ju, who previously believed the cycle had peaked, is now rethinking everything. If BTC breaks above $100,000 before Q4, he says it could invalidate the traditional cycle theory altogether. In his words:

“If Bitcoin hits new ATH before Q4, I’m ready to throw out the cycle theory. The permabulls might’ve been right — it’s ‘Up Only.’”

What’s fueling the momentum?

• Strategic whale accumulation on Binance & Coinbase

• Institutional buying from major players like Strategy

• Long-term holders returning to accumulate

• A broader shift in ownership dynamics

With BTC trading around $92,700, it’s still under its ATH of $108,786 — but the signs are increasingly bullish.

Is this the beginning of a new phase for Bitcoin, or a final push before correction? Let us know what you think in the comments.