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According to Ki Young Ju, the founder of CryptoQuant, the current price of Bitcoin is unlikely to rise due to immense selling pressure! - In 2024, when $10 billion is injected into the market, it will push Bitcoin's market Capital up to $26 billion. - Currently, $308 billion has been injected into the market, but Bitcoin's market Capital has decreased by $98 billion. This indicates that selling pressure is very high. #Bitcoin BTC

Ki Young Ju
@ki_young_ju
Bitcoin is not pumpable right now. In 2024, $10B in cash could create $26B in BTC book value. In 2025, $308B flowed in, yet the market cap fell $98B. Selling pressure is too heavy for any multiplier effect. MSTR and DATs won't work until it becomes pumpable again.
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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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