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CryptoQuant CEO: Bitcoin is more prone to sharp rises and falls in the price discovery stage

CryptoQuant CEO: Bitcoin is more prone to sharp rises and falls in the price discovery stage

CointimeCointime2024/11/12 10:12
By:Cointime

 CryptoQuant CEO Ki Young Ju stated that Bitcoin is currently in a price discovery phase, with thin order books due to a lack of consensus on support and resistance levels. This has led to multiple price fluctuations in the previous bull market, and the current market situation is very similar.

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