Ki Young Ju Says Bitcoin May Need to Hit $55K Before True Recovery Begins

Selling pressure overwhelms new capital inflows; institutional unwinding and the absence of buying interest define the current cycle. CryptoQuant CEO Ki Young Ju has declared the current bitcoin market a definitive bear cycle, warning that a genuine recovery could take months and may require prices to fall further before a sustainable rebound materializes. Capital Inflows The post Ki Young Ju Says Bitcoin May Need to Hit $55K Before True Recovery Begins appeared first on BeInCrypto.