CryptoQuant CEO: Price adjustments of Bitcoin during a bull market phase are normal phenomena, panic selling should be avoided
Bitget2024/11/26 07:28
CryptoQuant CEO Ki Young Ju posted on X saying, "Even in a parabolic bull market, Bitcoin will experience a 30% adjustment. During the price discovery process of Bitcoin in 2021, such corrections repeatedly occurred from $17,000 to $64,000. This is not a call for adjustments - just manage risk well and avoid panic selling at local lows. We are in a bull market."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Overview of Important Developments on the Afternoon of November 26
金色财经•2024/11/26 04:16
Overview of Financing Information in the Past 24 Hours (November 26)
金色财经•2024/11/26 00:47
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$93,385.84
-5.42%
Ethereum
ETH
$3,366.98
-3.04%
Tether USDt
USDT
$1
-0.03%
Solana
SOL
$234.35
-8.55%
BNB
BNB
$627.15
-7.06%
XRP
XRP
$1.39
-8.20%
Dogecoin
DOGE
$0.3894
-10.80%
USDC
USDC
$1
+0.04%
Cardano
ADA
$0.9425
-11.69%
TRON
TRX
$0.1953
-7.94%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, XION, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now