70% Bitcoin Crash Incoming? CryptoQuant CEO Says It Depends On This
Bitcoin’s latest drawdown is being framed less as a technical breakdown and more as a liquidity problem, with Ki Young Ju arguing that the key inputs that sustained the rally fresh capital inflows have stalled. In that setup, he says, calls for a full-cycle, -70% style capitulation hinge on a single variable: whether Strategy turns from buyer to meaningful seller. Will Bitcoin Experience Another -70% Bear Market? In a Feb. 1 post, Ki said “Bitcoin is dropping as selling pressure persists, with no fresh capital coming in.” He pointed to a flatlining Realized Cap as evidence that incremental....
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