Ki Young Ju revealed that the BTC futures market is currently leaning towards retail investors as whales exit, potentially weakening Bitcoin’s price. The Coinbase premium is at a nine-month low, while ETFs are experiencing sustained outflows.
According to Ki Young Ju, Bitcoin could find a bottom around 56,000 USD. Short-term performance is likely to be constrained by tight dollar liquidity, though the future adoption of stablecoins may provide growth opportunities for Bitcoin.
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