CryptoQuant CEO Ki Young Ju has suggested that Bitcoin is unlikely to experience a significant price drop in the current cycle, provided that Strategy retains its 650,000 BTC holdings. According to Ju, any potential downside for Bitcoin would likely be restricted to sideways consolidation rather than a major drawdown.
CryptoQuant CEO Predicts Limited Bitcoin Downside if Strategy Retains Holdings
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
