CryptoQuant CEO Ki Young Ju Says Bitcoin May Find Direction After US Midterm Elections
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Ki Young Ju noted that post-midterm clarity will help investors gauge Bitcoin’s outlook.
A bearish GMMA signal and over $1B in recent ETF outflows signal weak buying support.
BTC posted 12-month post-midterm gains of ~25% in 2014, ~45% in 2018, and ~92% in 2022.
CryptoQuant CEO Ki Young Ju says Bitcoin might get a clearer short-term direction once the US midterm elections are done.
However, with BTC dropping slightly under $77,000, spot Bitcoin ETFs seeing fresh outflows, and
A bearish GMMA signal and over $1B in recent ETF outflows signal weak buying support.
BTC posted 12-month post-midterm gains of ~25% in 2014, ~45% in 2018, and ~92% in 2022.
CryptoQuant CEO Ki Young Ju says Bitcoin might get a clearer short-term direction once the US midterm elections are done.
However, with BTC dropping slightly under $77,000, spot Bitcoin ETFs seeing fresh outflows, and
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