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joidamor | f3
@joidamor
Is Bitcoin's Bull Cycle Over? The crypto market may go into a sideways or bearish phase for 6-12 months, according to Ki Young Ju, founder of CryptoQuant - All key on-chain metrics point to a bear market. - Fresh liquidity in the market is drying up, and new whales are selling $BTC at reduced prices. - The CryptoQuant algorithm has recorded a reversal in the trend of the 365-day moving average based on the MVRV, SOPR, and NUPL metrics. ❗️ Historically, such signals have preceded long-term correction phases. What do you think about his forecast?
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