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Ju Ki-young: "This Bull Cycle, Bitcoin (BTC) Correction Will Be Relatively Small"

JH Kim

Summary

Ju Ki-young, CEO of CryptoQuant, stated that the correction of Bitcoin will be relatively small in this bull cycle.
He mentioned that the consistent buying by ETFs and institutions is a major factor.
Bitcoin is currently showing a slight upward trend.

Ju Ki-young, CEO of CryptoQuant, stated on the 11th (local time) via X (formerly Twitter) that "the Bitcoin (BTC) correction in this bull cycle will be relatively small due to the consistent buying by ETFs and institutions."

Meanwhile, BTC is trading at $104,419.10, up 6.08% from the previous day, based on the Binance Tether (USDT) market as of 01:47 on the 12th.

BTC

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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Ju Ki-young: "This Bull Cycle, Bitcoin (BTC) Correction Will Be Relatively Small"

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