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CQ CEO Backtracks on BTC Cycle Theory, Now Cites Institutional Surge


CQ CEO Backtracks on BTC Cycle Theory, Now Cites Institutional Surge

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CryptoQuant CEO Ki Young Ju has declared that the long-standing Bitcoin (BTC) cycle theory is “dead,” and has issued a public apology for his earlier bearish predictions.

Ju, once a proponent of cycle-based forecasting, where he advocated buying when whales accumulate and selling when retail floods in, acknowledged that “the pattern no longer holds” amid a structural transformation led by institutional investors.

Read the article at CryptoPotato

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