CryptoQuant CEO Calls Bitcoin Cycle Theory Obsolete as TradFi Takes Over

Bitcoin’s once-predictable boom-and-bust cycles are becoming increasingly irrelevant, says CryptoQuant CEO Ki Young Ju. The sentiment comes as Bitcoin’s (BTC) price holds above the $100,000 threshold. The pioneer crypto is drawing tailwinds from institutional interest and macroeconomic tides. Bitcoin Cycle Theory Is Obsolete, Ki Young Ju Says CryptoQuant CEO Ki Young Ju admitted his earlier prediction that Bitcoin’s bull cycle had ended two months ago was wrong source: https://beincrypto.com/cryptoquant-bitcoin-cycle-obsolete-tradfi-liquidity/