PANews reported on November 26 that CryptoQuant CEO Ki Young Ju wrote on X: "Even in a parabolic bull market, Bitcoin will experience a 30% adjustment. During the Bitcoin price discovery process in 2021, such corrections occurred repeatedly from $17,000 to $64,000. This is not a call for adjustment - just manage risks and avoid panic selling at local lows. We are in a bull market."
CryptoQuant CEO: Bitcoin price adjustments during bull market are normal, and panic selling should be avoided
Comment
Recommend Reading
2024-11-26Devere Group CEO Calls on UK Government to Create National Bitcoin Reserve
The U.S. Bitcoin spot ETF had a total net outflow of US$438 million yesterday, the first net outflow after net inflows in the past five days
NM Data, a US-listed company, announced a $3 million investment in Bitcoin mining company Future Tech
Surinamese presidential candidate Maya Parbhoe promises to make Bitcoin legal tender if elected
Wintermute analyst: Funds shift from Bitcoin to Ethereum, derivatives trading activity reaches new highs
VanEck extends zero-fee waiver for its Bitcoin ETF 'HODL' until first $2.5 billion or early 2026
