BTC Price on the Rise – CryptoQuant CEO Predicts Upward Trend to End by April 2025

IconCryptoNewsTerminal Staff17 May, 2024

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BTC Price on the Rise – CryptoQuant CEO Predicts Upward Trend to End by April 2025

Joo Ki-Young, CEO of CryptoQuant, recently shared his insights on the current Bitcoin market trend. According to Ki-Young, Bitcoin is currently experiencing an upcycle, characterized by a faster increase in market capitalization compared to realized capitalization. Historically, such trends have typically lasted for two years, suggesting that this upcycle could potentially end around April 2025.