Ki Young Ju: Bitcoin Now in “Strong Long-Term Opportunity Zone” After 32% Drawdown

• Ki Young Ju says Bitcoin is entering a strong long-term opportunity zone.
• Institutional holders may prevent a deep Bitcoin pullback, keeping the floor higher.
• Macro liquidity and on-chain data suggest Bitcoin could rebound sooner than many expect.

Bitcoin may be under pressure in the short term, but on-chain data shows the market is entering a strong long-term opportunity zone, according to Ki Young Ju, the founder of CryptoQuant. His comments come as Bitcoin attempts to recover from Friday’s sell-off, during which the BTC price fell to around $80,600.

Bitcoin Bull Cycle May Have Topped, but the Bottom Looks Higher This Time

Ki Young Ju noted that Bitcoin’s broader on-chain cycle technically peaked earlier this year when the asset touched the $100,000 region. In classic market cycle theory, a full retracement toward the realized price, currently around $56,0…

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