CryptoQuant Sees A More Mature Bitcoin Cycle Ahead

2h ago•

bullish:

bearish:

A gigantic Bitcoin coin climbs up an imposing orange metal ramp. At first, the ramp is steeply inclined, but an articulated mechanism gradually reduces its angle. Bitcoin thus continues to ascend, but on a much gentler slope. In the foreground, a quantitative analyst in a suit manipulates a huge mechanical protractor and observes the decreasing incline with a focused expression.

According to Ki Young Ju, founder of CryptoQuant, the Bitcoin bull cycle would multiply its price by three to five, compared to more than ten during some historical phases. This forecast is based on less extreme volatility and significant institutional presence, but it does not represent a guaranteed price target.

L’article CryptoQuant Sees A More Mature Bitcoin Cycle Ahead est apparu en premier sur Cointribune.

2h ago•

Cointribune

bullish:

bearish: