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‘Retail Investors Are Coming’ – CryptoQuant CEO Details Rise of Smaller Bitcoin Transactions As BTC Regains $92,000

‘Retail Investors Are Coming’ – CryptoQuant CEO Details Rise of Smaller Bitcoin Transactions As BTC Regains ,000

Ki Young Ju, the CEO of analytics firm CryptoQuant says that signs of retail participation in the Bitcoin (BTC) bull market are getting stronger. Ju tells his 369,000 followers on the social media platform X that sub-$100,000 transactions on the Bitcoin blockchain have spiked, implying that smaller retail entities are starting to form positions in […]

The post ‘Retail Investors Are Coming’ – CryptoQuant CEO Details Rise of Smaller Bitcoin Transactions As BTC Regains $92,000 appeared first on The Daily Hodl.

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Current Bitcoin price ceiling projected at $135K — Ki Young Ju

Analysts continue to forecast a Bitcoin price target anywhere between $140,000-$500,000 during the current market cycle.

CryptoQuant founder and CEO Ki Young Ju has revised earlier price predictions and is now projecting a $135,000 Bitcoin (BTC) price ceiling, with a 2024 price target of $112,000, in his latest quantitative analysis of Bitcoin's price action.

The CEO explained that capital flows into the Bitcoin market, including those from exchange-traded funds and products, support these price predictions. Ju indicated that these are "current" projections — a signal that the forecast is subject to change. The CEO also offered a word of caution to traders:

Ju recently warned market speculators and investors that the BTC-USDt (USDT) perpetual market was overleveraged by approximately 2.7 times more than in early 2024. Liquidations of leveraged long positions place downward pressure on Bitcoin's price, and cascading liquidations can significantly pull back the price.

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Bitcoin long-term holders do not see $90K ‘as an enemy’ — Analyst

A crypto analyst reiterates that "some of these" Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking.

Bitcoiners who have held their coins for over 155 days aren’t all holding out for a six-figure price tag, with some happily taking profits once Bitcoin surpassed $90,000, according to a crypto analyst.

In a Nov. 16 market report, CryptoQuant contributor Percival noted that Bitcoin (BTC) long-term holders (LTH) — addresses holding BTC for 155 days or more — “do not see $90K as an enemy” and are engaging in profit-taking. Before breaking its $73,800 all-time high from March on Nov. 5, Bitcoin’s price had consolidated between $53,000 and $72,000 for almost seven months.

At the time of publication, Bitcoin is trading at $89,945, according to CoinMarketCap data.

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CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading

CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading

The chief executive of digital asset insights firm CryptoQuant says stablecoins are witnessing increased adoption via use-case expansion. CryptoQuant’s Ki Young Ju tells his 368,500 followers on the social media platform X that the total market cap of stablecoins is exploding for reasons other than digital asset trading on exchanges. The on-chain analyst’s data shows […]

The post CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading appeared first on The Daily Hodl.

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Bitcoin’s Path to Record Highs: Cryptoquant Report Reveals ETF Activity and OTC Supply Dynamics

Bitcoin’s Path to Record Highs: Cryptoquant Report Reveals ETF Activity and OTC Supply DynamicsBitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant. Bitcoin Nears All-Time High as ETF Demand Intensifies, Cryptoquant Reports Bitcoin’s price is trading near its previous peak, hovering around $71,800 to $72,000 as of late October, largely driven by a sharp […]

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Bitcoin’s brush with all-time high still hasn’t woken up retail investors

Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.

Bitcoin is nearing an all-time high, yet analysts say retail investors are showing no more interest than usual.

“Bitcoin is on the verge of breaking all-time highs, and retail interest is still almost non-existent,” crypto analyst Miles Deutscher said in an Oct. 29 post on X.

Bitcoin (BTC) came within spitting distance of notching a new all-time high on Oct. 29, briefly touching $73,562, but has since cooled off to a price of $72,300 at the time of publication, per CoinGecko data

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CryptoQuant CEO Says Satoshi’s Vision for Bitcoin To Be Electronic Cash May Be Realized in 2030 – Here’s How

CryptoQuant CEO Says Satoshi’s Vision for Bitcoin To Be Electronic Cash May Be Realized in 2030 – Here’s How

The chief executive of market intelligence firm CryptoQuant says that Satoshi’s vision for Bitcoin (BTC) could come to fruition by 2030. In a new post on the social media platform X, Ki Young Ju says that the top crypto asset by market cap could start to be seriously considered as a form of digital cash […]

The post CryptoQuant CEO Says Satoshi’s Vision for Bitcoin To Be Electronic Cash May Be Realized in 2030 – Here’s How appeared first on The Daily Hodl.

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Retail Bitcoin Activity Hits a Low—Cryptoquant Report Explores What Is Next for Markets

Retail Bitcoin Activity Hits a Low—Cryptoquant Report Explores What Is Next for MarketsRetail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger counterparts as 2024 unfolds. Cryptoquant Analysis: Can Retail Bitcoin Investors Keep up With the Big Players? As bitcoin (BTC) edges closer […]

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ETH held in accumulation wallets jumps 65% since the start of 2024

A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it's no longer just for "tech enthusiasts."

Just over $50 billion worth of Ether is currently locked in accumulation wallets — nearly 65% more than the beginning of 2024, according to a crypto analyst.

“By October 18, 2024, the total amount of Ethereum in accumulation addresses surpassed 19 million,” CryptoQuant contributor Burakkesmeci wrote in an Oct. 20 analyst note.

At the time of publication, with Ether (ETH) trading at $2,645, this amounts to approximately $50.2 billion locked in accumulation addresses — addresses of long-term investors with no prior withdrawals.

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Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price Surge

Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price SurgeBitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand from Spot […]

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