Bitcoin Bull Cycle Could Gain 3–5x, CryptoQuant CEO Says
13 Articles
13 Articles
CryptoQuant CEO Ki Young Ju: BTC will rally 3-5 times in this cycle, not 10 times. Reasons include MVRV strength, institutional ownership, and a soft bear market.
Ki Young Ju, founder of CryptoQuant, believes that Bitcoin's discharge will be more modest in this cycle than it was in past cycles. His argument is that the market is much larger and institutional participation is reducing both the high and low peaks of cryptocurrency. To illustrate this, the analyst shares a [...] Source: CryptoQuant's Founder Expects Higher Modest for Bitcoin in this cycle See more bitcoin news. Follow Livecoins on Facebook, …
Bitcoin's Current Bull Market Will Be Smaller, CryptoQuant CEO Argues Bitcoin News ETHNews
Bitcoin has broken out of its September range, though short-term momentum looks stretched. CryptoQuant’s CEO expects this cycle to multiply its low three to five times, well short of past tenfold runs. He ties the smaller swings to a larger market and growing institutional ownership. Holders as a group stayed in profit through the entire […]
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