Bitcoin (BTC) Might Lose 24% by End of 2024, CryptoQuant CEO Says

2024-11-10 15:16

Amid spike of general optimism in crypto, moderate Bitcoin (BTC) bull Ki Young Ju posts alarming midterm forecast

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Bitcoin (BTC) на Currencies.ru

$ 86348.05 (-0.90%)
Объем 24H $121.221b
Изменеия 24h: -2.95 %, 7d: 15.29 %
Cегодня L: $86348.05 - H: $89777.16
Капитализация $1708.095b Rank 1
Цена в час новости $ 76923.92 (12.25%)

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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.

2024-10-6 07:00