Bitcoin Bear Market Over, Says CryptoQuant CEO
According to CryptoQuant CEO Ki Young Ju, the Bitcoin bear market is over. This conclusion is based on price metrics that are mirroring the 2023 recovery trend.
Ju's observation is that the current price movement of BTC is similar to what occurred in 2023 when the price started recovering from a low point.
CryptoQuant CEO Ki Young Ju emphasized this similarity, stating that 'the price metric copies 2023 recovery'. This suggests that Bitcoin may be heading towards a more positive trend.