Bitcoin Price: CryptoQuant CEO Predicts 'Boring Sideways' Trading
According to CryptoQuant CEO Ki Young Ju, Bitcoin may face a period of "boring sideways" trading in the coming months. The CEO suggests that the flow of funds into Bitcoin has slowed, with traders potentially shifting their focus back to traditional markets. This development indicates a possible change in investment trends within the cryptocurrency space, as market participants re-evaluate their asset allocations between digital and traditional financial instruments. The analysis reflects current sentiment around Bitcoin's price action.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.