CryptoQuant Issues Stark Forecast — Bitcoin May Fall As Low As $10,000 This Year
Bitcoin (BTC) faces a stark downside risk that could send prices below the previous bear market lows, according to a new analysis from blockchain data firm CryptoQuant. The firm warns that a confluence of geopolitical shocks, macroeconomic repricing, and fragile derivatives positioning could push the largest cryptocurrency as low as $10,000 in a worst‑case scenario — far beneath the last bear‑market trough near $15,000. Political Shock From Trump Speech CryptoQuant’s note comes against the backdrop of a substantial pullback from Bitcoin’s record highs. After peaking at roughly $126,000....
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We met with Elizabeth Stark in Helsinki where over 17 thousand people gathered for the major two-day Northern European startup event. The Slush conference, aptly named after the weather conditions that couldn’t prevent startup enthusiasts and investors from coming, was held in the biggest exhibition space in the Finnish capital city but at some panels you didn’t even have any elbow room. Bitcoin evangelists and Blockchain practitioners drew out record-breaking crowds, with Elizabeth Stark, a recognized leader on the future of technology, always in great demand. Elizabeth Stark is a....
The post-BitMEX trading arena is not skewed to selling despite BTC/USD nearing $11,500, CryptoQuant data shows. A Bitcoin (BTC) sell-off and associated price fall are “not going to happen,” a well-known the CEO of a well-known analytics tool has said.In a tweet on Oct. 12, Ki Young Ju, CEO of CryptoQuant, noted that average inflows to exchanges were staying low despite BTC price gains.Ki: Exchange inflows “still in the safe zone”Ki highlighted CryptoQuant’s mean exchange inflow metric, which remains comfortably within the low-risk area, suggesting a low chance of a sell-off.Mean exchange....
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