Ki Young Ju, CEO of CryptoQuant, has expressed skepticism about a strong rebound in the cryptocurrency market over the next 3-6 months. Writing on the X platform, Ju highlighted that the current market weakness is more severe than anticipated, suggesting that Bitcoin's recovery may be delayed until liquidity improves next year. This sentiment aligns with macroeconomic expert Luke Gromen's analysis, which points to weak foreign demand for US Treasuries and potential instability in the Treasury market without new liquidity injections. Both experts anticipate that once liquidity conditions improve, the prices of scarce assets like gold and Bitcoin are likely to rise.
CryptoQuant CEO Predicts Prolonged Market Weakness for Bitcoin
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