CryptoQuant founder: This round of Bitcoin bull market may last until mid-2025
Odaily2024/07/26 21:53
By:Odaily
Odaily News Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform that the current round of Bitcoin bull market cycle may last until mid-2025. Ki Young Ju explained that old whales made profits during the bull market, and their selling brought new capital into the accumulation address, thereby increasing the actual price. The profit realization period of the past cycle was about 18 months, and this time it started 4 months ago.
0
0
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
Justin Sun Announces Major Update for Tron (TRX)
Tron (TRX) founder Justin Sun signaled an important change for the altcoin in his statement.
Bitcoinsistemi•2024/09/07 22:24
Warren Buffett’s Crypto Gift from Justin Sun Surges 1,000% in Value by 2024
Cryptodnes•2024/09/07 22:00
Roblox will allow devs to skip Robux and charge players in fiat money
Cointelegraph•2024/09/07 21:48
VanEck’s Matthew Sigel Defends Ethereum’s Strong Utility Despite Bearish Market
Cryptonewsland•2024/09/07 20:39
