99% of Bitcoin in Profit: Euphoria or Trap? Top Analyst Answers

UToday
BTC-1,02%

Bitcoin (BTC) is currently experiencing a wave of euphoria, with 99.3% of unspent transaction output in profit, according to data from CryptoQuant. This is a historically important moment for cryptocurrency, but as the excitement builds, the question arises: what happens next? Ki Young Ju, founder and CEO of CryptoQuant, has outlined two possible scenarios for the future of the Bitcoin price.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments