According to CryptoQuant’s CEO Ki Young Ju, Bitcoin will not be a hot commodity in the short term.
Ju claims that Bitcoin “is not pumpable at the moment,” as the market lacks the necessary conditions for a sustained rise.
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In 2024, 10 billion dollars in cash would create 26 billion BTC in book value. The market value fell by $98 billion in 2025 despite $308 billion of new money flowing into the system.
The selling pressure is just too high for a multiplier to occur.”
Ju believes that the persistent sales and supply excess are eating up demand.
He is also concerned about the type of pressure that was being put on him to sell.
Forced selling tends to cascade, which is the scariest part about it.
Retail investors are also forced to reduce their losses as funds and prices drop.
“If there’s no significant rebound in the market at these levels by the end of the month, then the risks of cascading structural institutional selling will increase significantly… It would be a very long process to rebuild trust.”
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Sources of Images include Pixabay Creative Commons & Midjourney
The post CryptoQuant CEO: Bitcoin ‘Not pumpable’ right now, according to him – here’s what he means may change as new information becomes available.
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