BlockBeats news, on November 21, CryptoQuant founder and CEO Ki Young Ju posted an analysis on the X platform pointing out that the market weakness is beyond expectations. If this situation continues, Bitcoin may not see a strong rebound in the next 3-6 months. The real bull run will only start after liquidity is restored next year. In addition, Ki Young Ju cited the views of macroeconomic expert @LukeGromen, stating that demand for U.S. Treasury bonds from abroad is weak. Without new liquidity injections, the U.S. Treasury bond market will become unstable. Once liquidity is restored next year, the prices of scarce assets like gold and Bitcoin should rise.
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CryptoQuant CEO: The market weakness is beyond expectations, and there may not be a strong rebound in the next 3-6 months.
BlockBeats news, on November 21, CryptoQuant founder and CEO Ki Young Ju posted an analysis on the X platform pointing out that the market weakness is beyond expectations. If this situation continues, Bitcoin may not see a strong rebound in the next 3-6 months. The real bull run will only start after liquidity is restored next year. In addition, Ki Young Ju cited the views of macroeconomic expert @LukeGromen, stating that demand for U.S. Treasury bonds from abroad is weak. Without new liquidity injections, the U.S. Treasury bond market will become unstable. Once liquidity is restored next year, the prices of scarce assets like gold and Bitcoin should rise.