CryptoQuant Founder: A strong rebound at the end of the year could set the stage for a bear market in 2025

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Bitget2024/11/10 10:45

CryptoQuant founder and CEO Ki Young Ju posted on platform X, saying: "Due to the overheating of Bitcoin futures market indicators, it is expected that there will be a market adjustment. However, Bitcoin is currently entering a price discovery phase and the market is heating up further. If adjustments and consolidation occur, the bull market may continue; however, in my view, a strong rebound at the end of the year could lay the groundwork for a bear market in 2025."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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