Ki Young Ju: The price of Bitcoin could reach $112,000 by the end of the year
The CEO of the analytical blockchain platform CryptoQuant, Ki Young Ju, has revised his previous forecast of a decline in the price of Bitcoin. According to him, by the end of the year, the price of the first cryptocurrency could reach $112,000.
The analyst also noted that there are currently large inflows of stablecoins to cryptocurrency exchanges amid Donald Trump's victory in the US presidential elections, and investors are expecting changes in regulatory policy regarding the industry.