Home BlockchainKi Young Ju Says Bitcoin May Need to Hit $55K Before True Recovery Begins

Ki Young Ju Says Bitcoin May Need to Hit $55K Before True Recovery Begins

by BeInCrypto
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Selling pressure overwhelms new capital inflows; institutional unwinding and the absence of buying interest define the current cycle.

CryptoQuant CEO Ki Young Ju has declared the current bitcoin market a definitive bear cycle, warning that a genuine recovery could take months and may require prices to fall further before a sustainable rebound materializes.

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https://beincrypto.com/ki-young-ju-bitcoin-55k/

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