Summary
- Joo Ki-young, CEO of CryptoQuant, reiterated the possibility of Bitcoin (BTC) rising.
- He said there is an excessive amount of capital flowing on-chain.
- He reported that BTC is trading on the Binance Tether (USDT) market at 117,573.60 dollars, up 1.49% from the previous day.
On the 18th (local time), Joo Ki-young, CEO of CryptoQuant, once again emphasized the possibility of Bitcoin (BTC) rising via an official post on X (formerly Twitter).
He said, "Now no one will pay attention to what I say, but I still believe BTC will rise," and added, "There is too much capital flowing on-chain. It's excessive."
BTC is trading on the Binance Tether (USDT) market as of 00:56 on the 19th, up 1.49% from the previous day at 117,573.60 dollars.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
