TechFlow news, on November 15, Ki Young Ju, founder and CEO of CryptoQuant, posted on X stating that as long as funds continue to flow in, Bitcoin is not in a bear market. Currently, money is still flowing into Bitcoin, and if OG whales stop selling and macro market sentiment reverses, Bitcoin could rebound at any time.
Ki Young Ju previously pointed out: the cost basis of investors who entered the Bitcoin market 6-12 months ago is close to $94,000, and unless this price level is broken, he does not believe a bear market cycle has begun.
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