Ki-young Ki, CEO of CryptoQuant, “Accumulate in the current boring market.”

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“BTC is still in a bull market…Whale buying period has entered”

Ki-young Ki, CEO of CryptoQuant, “Accumulate in the current boring market.”
Ki-young Ki, CEO of CryptoQuant, recently argued that the market is a good time for investors to start buying.

Recently, Bitcoin plunged 4% last week amid a number of bad news, then suddenly rebounded on the 1st and has been moving sideways all day. Bitcoin is recording $62,899 on the 2nd.

While Representative Joo described the recent market as a 'boring market', he emphasized to investors to use this moment as an opportunity based on Bitcoin's historical patterns. He explained, “Currently, the market is gradually losing interest,” and “This point has been used as a good time for whales to accumulate Bitcoin.”

He continued, “The market is still in a bull market, and boredom will soon become an opportunity.”

Representative Joo has recently been predicting a continued strong resumption of the market. He also announced at the end of last month that an altcoin bull market, led by Ethereum, would begin.

He said that the recent market is a 'boring market' with little volatility, and historically whales have always been buying at this point. He then emphasized, “The digital asset market is still in a bullish market, and this boring market is an opportunity for investors.”

Reporter Seungwon Kwon ksw@

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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