Best Crypto to Buy Now with CryptoQuant Confirming the Bull Market Isn’t Over
Bitcoin is finally above the $100K mark, bolstered by institutional support and progressive regulations. But crossing the golden threshold could also be a double-edged sword, as many looking for profit-taking could trigger a sell-off.
“Less likely,” said the CryptoQuant CEO, noting that while profit-taking cycles began in the past with whales selling at market peaks, the CEO states that the market has now shifted.
“Now, instead of worrying about old whales selling, it’s more important to focus on how much new liquidity is coming from institutions and ETFs, since this new influx can outweigh even strong whale sell-offs.”
This view definitely hints that the overall cryptocurrency ecosystem continues to remain positive,…
