CryptoQuant Founder: Current Bitcoin Bull Market Could Last Until Mid-2025
CryptoQuant Founder and CEO Ki Young Ju said in a post on the X platform that the current bitcoin bull market cycle could last until mid-2025. Ki Young Ju explains that "old whales" take profits during bull markets, and their selling brings new capital into the accumulation address, which raises the real price, and that the profit realisation period for past cycles was around 18 months, while this one started four months ago.
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
Data: 2,000 ETH transferred from BitKan to an exchange, worth approximately $6.3171 million
American Bitcoin increases holdings by 261 BTC, total now reaches 5,044 BTC
VISA launches stablecoin consulting services to keep up with the crypto wave
Data: CoinShares: Digital asset investment products saw net inflows of $864 million last week
Trending news
MoreCrypto prices
More
