CryptoQuant CEO: BTC may rise to $141,000
CryptoQuant CEO Ki Young Ju posted on X saying, "The Bitcoin market does not seem to have reached a bubble stage yet. Compared to the cumulative capital inflow on-chain, the market value has not increased significantly. Based on the current realized market value, BTC could rise to $141,000. The realized market value is steadily growing every day. Realized market value can measure the total capital flowing into the Bitcoin market. The calculation method is to add up all Bitcoin values with their last moved price on-chain. Historically, in bull markets, the market value often exceeds the realized market value and peaks with retail investors joining in. In bear markets, however, it usually falls below its realized worth."
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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