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CryptoQuant CEO: Bitcoin may consolidate for a long time in the range of $75,000 to $100,000

2025-02-28 14:00:40 6 hours ago CoinRank

CONTENT

CoinRank News: Ki Young Ju, CEO of CryptoQuant, said: Bitcoin spot trading volume is very active around $100,000. During the distribution phase, when new liquidity dries up, the price will fall. The key question about whether the Bitcoin market will face a multi-year bear market is where will the new liquidity come from? I think we may see a long-term consolidation similar to the large range of early 2024 (such as $75,000-100,000) until Bitcoin appears positive and brings new liquidity.

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