Bitcoin could reach $140,000: Crypto expert commented.

CryptoQuant CEO Ki Young Ju stated that the Bitcoin ($BTC ) rise could continue to $141,000.

Ju stated that we are still in the early stages of the ongoing rally in Bitcoin. The famous name, who shared his opinion on X (formerly Twitter) based on Onchain data, excited his followers. According to Onchain data platform CryptoQuant, money inflow into Bitcoin has not yet increased significantly.

In a post he made on the social media platform X, Ju compared his price estimates based on Bitcoin's realized cap to the previous two bull cycles. This comparison shows that the upward trend in Bitcoin will continue. The analyst stated that Bitcoin's realized price is increasing day by day.

The realized price measures the total capital inflow into the Bitcoin market. Analysts measure this metric using tools and algorithms that calculate the total value of Bitcoin. Ju emphasized that historical data indicates that in bull markets, the market value usually exceeds the realized value.

According to the analyst, Bitcoin's market value usually peaks during periods of intense interest from individual investors. However, during the period when the market enters bear mode, the market value can fall rapidly and fall below the realized value.

Ju suggests that Bitcoin can rise to higher levels without experiencing a major decline. According to the analyst, #Bitcoin could reach $141,000 this bull season. As of the writing of the news, BTC is trading at $98,350 and has increased by 1 percent in the last 24 hours.