Ki Young Ju: The next cyclical peak of Bitcoin may exceed our expectations
Crypto Quant CEO Ki Young Ju stated on social media that Bitcoin is currently in a price discovery phase. Once a seller liquidity crisis occurs, due to limited seller liquidity and sparse order volume, the next cyclical top of Bitcoin may exceed our expectations. This situation could arise if the cumulative addresses reach around 3 million BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thai Baht: Electronics boom offers limited FX support – MUFG
Roundtable Enters $1 Billion Long-Term Agreement With Paradium.AI
Mad Money Jim Cramer Sees 40% Upside for Palantir Stock. Does Wall Street Agree?
JPMorgan Argues That Bitcoin Could Outperform Gold Under One Condition
Crypto prices
More
