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06/20 05:29

The Founder of CryptoQuant, a Cryptocurrency Analy

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTXCommunity4thAnniversary The Founder of CryptoQuant, a Cryptocurrency Analysis Platform, Reveals the Biggest Threat to Bitcoin! Here Are the DetailsKi Young Ju, founder of the cryptocurrency analysis platform CryptoQuant, made noteworthy assessments regarding the Bitcoin market. In a statement made on social media, Ju argued that the biggest risk for Bitcoin is not sudden price crashes, but rather prolonged sideways movement and decreasing investor interest. According to Ki Young Ju, the biggest challenge that Strategy, and its founder and chairman Michael Saylor in particular, might face could be a period of stagnation lasting for years, rather than sharp price drops. The analyst noted that large pullbacks can be tolerated in scenarios where the market expects a new upward trend in the future. However, he stated that investor interest could decrease if Bitcoin trades in a narrow price range for an extended period and the bear market becomes prolonged. It has been suggested that this situation could weaken demand for Bitcoin, reduce the Bitcoin-linked premium on Strategy shares, and put pressure on the company's capital raising mechanism. Ju emphasized that Michael Saylor's primary task was not simply to buy more Bitcoin, but also to create a new narrative and investment thesis that would keep the market's faith in Bitcoin alive

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