Bitcoin's Next Stop?
CryptoQuant's CEO Ki Young Ju just shared his insights about Bitcoin's future - and it's not what most traders were hoping to hear.
Despite Bitcoin cruising past $90,000, Ju says we might be looking at a ceiling around $135,000. That's quite different from the $500,000 predictions floating around crypto Twitter.
Here's what makes this interesting: ETF money is flooding in like never before, but the futures market is getting dangerously crowded. We're talking 2.7 times more leveraged than early 2024.
But there's a catch - Ju thinks Bitcoin might need to revisit $58,974 first. Not because something's wrong, but because every healthy bull market needs a breather.
