According to PANews, Ki Young Ju, CEO of the crypto analysis platform CryptoQuant, recently shared insights on Twitter regarding Bitcoin investment trends. He noted that new investors typically hold onto Bitcoin during bear markets, often experiencing losses before selling off their holdings approximately two years later when the market stabilizes. Ju believes that the current period marks such a transition phase.
He predicts that Bitcoin could see a further increase of 30-40% from its current levels. However, he cautions that this growth is unlikely to replicate the previous surge of 368% from the $16,000 mark. Ju advises investors to consider gradually selling their holdings rather than continuing to make full-scale purchases. This strategy, he suggests, could be more prudent given the current market dynamics.
