CryptoQuant CEO Ki Young Ju Revises Forecast: Bitcoin to Reach $135,000 in This Cycle
CryptoQuant CEO Ki Young Ju has revised his Bitcoin forecast, now predicting the cryptocurrency could reach $135,000 in this market cycle. He believes the leading cryptocurrency could hit $112,000 by the end of 2024.
However, he warned of potential corrections due to the futures market being "excessively leveraged":
"Maintain a long-term bullish outlook, but be cautious with leverage if you're a trader. […] We're in a bull market, and Bitcoin is set to rise."
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