Bitcoin may resume its rally once uncertainty surrounding US midterm elections clears and ETF inflows recover, according to CryptoQuant founder Ki Young Ju. The year-to-date net inflows into spot Bitcoin ETFs have remained near zero, yet the flagship cryptocurrency has declined only 7%, suggesting underlying selling pressure is limited.
Ju noted that with weak ETF demand and prices holding firm, a massive sell-off from early whales or miners appears unlikely, as those inclined to exit may have already done so. He expects bullish momentum to return once election-related uncertainty dissipates and institutional ETF flows pick up again.
CryptoQuant Founder: Bitcoin May Resume Rally Once US Midterm Election Uncertainty Fades
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