CandleFocus CryptoQuant CEO Warns: "Bitcoin Will Rise, But It's Time for a Gradual Sell-Off!" Here's Why!
2024-11-06
Author: Content Editor
After Donald Trump's re-election, Bitcoin and altcoins have experienced a boost and this upward trend is expected to continue. While some predict that Bitcoin's price could reach $80,000 and $100,000 by the end of the year, CryptoQuant CEO Ki Young Ju advises caution. He suggests that new investors consider selling Bitcoin gradually, as they may be inclined to sell when their losses decrease. Ju believes that although Bitcoin may rise by 30-40% from its current levels, it will not see the same increase as the 368% rally from $16,000. He recommends gradual sales instead of risking everything to buy Bitcoin. The current price of Bitcoin is around $73,400.
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