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
Aerodrome PGF executes 325K AERO buyback worth ~$140K this week
Anthropic aims to surpass SpaceX and launch the largest IPO in history
According to media reports, Anthropic's IPO is expected to match or even surpass the historic record set by SpaceX. Anthropic may submit its IPO documents as early as the end of this month, and the company is currently assessing the fundraising scale.
Paine Schwartz Food Chain Fund V GP reports $4.09 million Suja Life Class A share purchase