CryptoQuant CEO Reveals: Bitcoin Will Fluctuate Between These Two Prices for a While! - Coin Bulletin

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CryptoQuant CEO predicted that the price of Bitcoin (BTC) would fluctuate between 75,000 and 100,000 dollars for a long time until new liquidity is provided.

CryptoQuant CEO Ki Young Ju stated that a long consolidation period is expected for Bitcoin, predicting that the price will fluctuate between $75,000 - $100,000 for a while. He mentioned that long horizontal movements could continue until new liquidity enters the market.

Ki Young Ju, who evaluates the current state of the markets, especially emphasized that Bitcoin spot volume is quite active at $100,000 levels. The CEO, highlighting that prices drop in distribution stages when new liquidity cannot be found, said, 'The real question regarding whether Bitcoin will face a bear market that will last for years is: Where will the fresh liquidity come from?'

Ki Young Ju noted that the current market conditions resemble the extensive consolidation process seen at the beginning of 2024. In particular, Ki Young Ju stated that the price could move within a wide range of $75,000 - $100,000 for a long time unless new liquidity is provided, and said, "This situation could continue until positive news bringing new liquidity for Bitcoin arrives."

Bitcoin investor Ki Young Ju's remarks emphasizing the need for caution during this period highlighted the importance of positive news for a new uptrend in the market.

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