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
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
Buy PLAI，Get 100% fee rebate in PLAI！
Bitget to support loan and margin functions for select assets in unified account
Trending news
MoreCrypto prices
More
