The famous encryption analytics company, the highest executive, believes that Bitcoin (BTC) has enough fuel to witness more rally.
Cryptoquant CEO KI Young Ju has a demand for 401,300 followers of Social Media Platform X, and the demand for bitcoin spot market trading funds (ETF) is still powerful, and more deeply burdened investors position more BTC rally. It indicates that you are doing it.
ki Memo He believes that BTC will print the top of the market cycle if the BTC excludes the demand for bitcoin ETFs.
“Bitcoin's bullshicle is not over.
The paper bitcoin purchase engine is still running. In 2021, two months after the GBTC (GRAYSCALE BITCOIN TRUST) was depleted, a recession occurred.
You don't have to call the periodic top until the purchase of ETFS, MSTR (Microstrategy), and institutions is slow. ”
At the time of writing, Bitcoin is trading for $ 99,669.
Look at the altcoin, KI Believe The investor will see ALT from a different perspective in five years. According to analysts, most Altcoins stop services as speculative assets, as they believe that investors will give a great rating based on their income.
“The altcoin era, which exists as a scale of the Internet's attention, ends within 5 years. Memcoin lasts as a gambling product …
Beyond that, the altcoin that is actually built will evolve into an employment contract for Internet neurage workers. It is undeniable that these altcoins will evolve into an Internet economy framework that enables compensation for the creation, distribution, and acquisition process. ”
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