CryptoQuant CEO: Price adjustments of Bitcoin during a bull market phase are normal phenomena, panic selling should be avoided
CryptoQuant CEO Ki Young Ju posted on X saying, "Even in a parabolic bull market, Bitcoin will experience a 30% adjustment. During the price discovery process of Bitcoin in 2021, such corrections repeatedly occurred from $17,000 to $64,000. This is not a call for adjustments - just manage risk well and avoid panic selling at local lows. We are in a bull market."
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.
You may also like
Voting Begins for Proposal AIP-596 to Dissolve ApeCoin DAO, Ends June 26
Bitcoin Hash Rate Hits a Record 946 EH/s as Miner Profits Continue to Shrink
Bitwise CEO: Bitcoin’s Opportunity Lies in Surpassing US Treasuries as a Store of Value
Trending news
MoreCrypto prices
More








