Ki Young Ju Says Bitcoin May Need to Hit $55K Before True Recovery Begins
Selling pressure overwhelms new capital inflows; institutional unwinding and the absence of buying interest define the current cycle. CryptoQuant CEO Ki Young Ju has declared the current bitcoin market a definitive bear cycle, warning that a genuine recovery could take months and may require prices to fall further before a sustainable rebound materializes. Capital Inflows Failing to Move the Needle In an interview with a South Korean crypto outlet, Ju laid out a data-driven case for extended weakness. He pointed to a fundamental imbalance between capital inflows and selling pressure
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