Ki Young Ju Links Bitcoin Inflows to Bull Market Conditions
Photo: TokenPost
CryptoQuant founder Ki Young Ju said Oct. 21 that fresh capital was entering Bitcoin (BTC), linking the inflows he described to conditions that typically occur during bull markets. Ju has previously discussed capital flows as part of his view of Bitcoin’s market cycle. In an earlier assessment of the cycle , he described exchange-traded funds and other traditional financial channels as major sources of liquidity. He also pointed to continued inflows and a pause in selling by long-term holders. Ju previously described Bitcoin as being in the early phase of a new bull market.
Source: TokenPost
