CryptoQuant CEO: On-chain indicators set Bitcoin's cycle peak price at $141,000
CryptoQuant CEO Ki Young Ju stated on X that it seems too early to call the Bitcoin market a bubble. Compared to the cumulative inflow of capital on-chain, the market value has not significantly increased. Based on its current realized market value, it could rise to $141,000. The realized market value is steadily increasing every day.
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
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
Trending news
MoreCrypto prices
More
