Don't expect rapid BTC growth: Ki Yong Joo sees a 6-month bearish trend in the data
Realized capitalization is increasing while prices remain stable, indicating ongoing bearish pressure in the market.
High sell pressure limits price gains despite substantial capital inflows.
Historical trends show a reduction in bearish cycles and an increase in the market's long-term resilience.
CryptoQuant CEO Ki Yong Joo warns that Bitcoin may face prolonged bearish pressure in the coming months, pointing to certain on-chain signals, even as capital continues to flow into the asset. He cautions that market data shows a lack of positive price momentum, despite…
