📉 Bitcoin: six months under pressure? — CryptoQuant
The head of CryptoQuant, Ki Young Ju, warned:
🔹 despite the influx of capital, the BTC price is not gaining upward momentum
🔹 pressure from sellers is 'absorbing' new investments
🔹 a turnaround to a bull trend may take up to 6 months ⏳
💬 “Short-term recovery is unlikely.
But in the long term, Bitcoin remains resilient.”
📊 Meanwhile, analyst Timothy Peterson:
🔸 the chance of BTC growth has fallen from 75% to 25%
🔸 the chance of falling to $70K has risen to 75%
⚠️ Volatility will be high. But this is the price of future growth 🚀
#BitcoinForecast #CryptoQuant #BTC #KiYoungJu #CryptoAnalysis