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On-chain insights platform CryptoQuant CEO Ki Young Ju says crypto investors did not leave the market despite this year’s downturn.
According to Ju, the current dip that sent Bitcoin (BTC) plunging below $20,000 from an all-time high of nearly $70,000 can be considered the crypto market’s first recession.
“Stablecoins sitting in exchanges are now worth half of Bitcoin reserve. We have $25 billion loaded bullets which can make crypto asset prices go up. The question is when, not how.”
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✔ Bitcoin Technical Analysis:
✔ VanEck Refiles For Bitcoin Spot ETF:
✔ $25 Billion Ready to Deploy once Market Bottoms:
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🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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