CryptoQuant Analyst: This bull market is likely to reach a cyclical peak in Q1 2025 or at the latest Q2

ChainCatcher news, CryptoQuant analyst Crypto Dan stated in an article on January 6 that the bull market that began in January 2023 is likely to reach a cyclical peak in the first quarter of 2025 or at the latest in the second quarter. The article stated: "With a large influx of new investments and additional funds from existing investors, we can reasonably expect that the market is currently in the later stages of this cycle."

The post stated: "Therefore, the expectation of a significant rise in Bitcoin and altcoins is still worth looking forward to. Nevertheless, from a conservative perspective and considering risk management, it is advisable to proceed with caution."