Ki Young Ju: BTC bear market could last until early 2027

CryptoQuant CEO Ki Young Ju suggested on X that once Bitcoin investors begin to realize significant profits, a period of declining investor returns typically follows for about 18 months. Based on this pattern, he argued that if the current trend is considered a bearish turn that began in October 2025, the present bear market could last until early 2027. Ki added that a market trend reverses when unrealized profits increase and realized profits decrease, a condition that has not yet been met.