PiCK
CryptoQuant’s Ki Young Ju Says Bitcoin Nearing Institutional Entry Prices as Bargain Window Closes
Minseung Kang
Summary
- Bitcoin is nearing the purchase-price range of major institutional investors.
- Ki Young Ju, CEO of CryptoQuant, said there may not be much time left to buy Bitcoin near the average purchase prices of Saylor and institutional ETF investors.
- If Bitcoin rises further, opportunities for buying at lower prices below the institutional average entry price could shrink.
Forecast Trend Report by Period
Bitcoin is moving closer to the average purchase prices of major institutional investors, indicating the window to buy at lower levels may be narrowing.
On April 14, CryptoQuant Chief Executive Officer Ki Young Ju wrote on X, formerly Twitter, that “there may not be much time left to buy Bitcoin near the average purchase prices of Saylor and institutional ETF investors.”
That means Bitcoin’s current price is approaching the average entry levels of institutional investors. If the token rises further, chances to buy below that range could become increasingly limited.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
