CryptoQuant CEO: Bitcoin is more prone to sharp rises and falls in the price discovery stage
CryptoQuant CEO Ki Young Ju stated that Bitcoin is currently in a price discovery phase, with thin order books due to a lack of consensus on support and resistance levels. This has led to multiple price fluctuations in the previous bull market, and the current market situation is very similar.
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
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
[Initial Listing] Bitget Will List Planck (PLANCK) in the Innovation, AI and DePIN Zone
Trending news
MoreCrypto prices
More
