CryptoQuant CEO: Bitcoin bull market is not over yet, we should pay attention to future funding sources
According to CryptoQuant CEO Ki Young Ju's analysis, the trading volume of Bitcoin spot near $100,000 is highly active, and the current market is in a distribution stage, and the price trend depends on whether new liquidity is exhausted.
He emphasized that the Bitcoin bull market is not over yet, but the market may see a 30% pullback, and if the price falls below $75,000, it will affect his bullish judgment. The key issue is the future source of funds, if there is no new liquidity, Bitcoin may face a longer period of adjustment.
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
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
