PANews reported on November 21 that Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform: "The market weakness is greater than expected. If this situation continues, Bitcoin may not see a strong rebound in the next 3-6 months. The real bull market will not start until liquidity recovers next year." Furthermore, it cited macroeconomic expert @LukeGromen's view that "foreign demand for US Treasuries is weak, and without new liquidity injections, the US Treasury market will become unstable; once liquidity recovers next year, the prices of scarce assets such as gold and Bitcoin should rise."PANews reported on November 21 that Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform: "The market weakness is greater than expected. If this situation continues, Bitcoin may not see a strong rebound in the next 3-6 months. The real bull market will not start until liquidity recovers next year." Furthermore, it cited macroeconomic expert @LukeGromen's view that "foreign demand for US Treasuries is weak, and without new liquidity injections, the US Treasury market will become unstable; once liquidity recovers next year, the prices of scarce assets such as gold and Bitcoin should rise."
CryptoQuant CEO: Crypto Market Unlikely to See Strong Rebound in the Next 3-6 Months
PANews reported on November 21 that Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform: "The market weakness is greater than expected. If this situation continues, Bitcoin may not see a strong rebound in the next 3-6 months. The real bull market will not start until liquidity recovers next year."
Furthermore, it cited macroeconomic expert @LukeGromen's view that "foreign demand for US Treasuries is weak, and without new liquidity injections, the US Treasury market will become unstable; once liquidity recovers next year, the prices of scarce assets such as gold and Bitcoin should rise."
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