CryptoQuant CEO: Price adjustments of Bitcoin during a bull market phase are normal phenomena, panic selling should be avoided

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Bitget2024/11/26 07:28

CryptoQuant CEO Ki Young Ju posted on X saying, "Even in a parabolic bull market, Bitcoin will experience a 30% adjustment. During the price discovery process of Bitcoin in 2021, such corrections repeatedly occurred from $17,000 to $64,000. This is not a call for adjustments - just manage risk well and avoid panic selling at local lows. We are in a bull market."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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