CryptoQuant CEO Issues Warning to Investors Amid Bitcoin Surge

Donald Trump’s return to the U.S. presidency has sparked a notable surge in Bitcoin and other cryptocurrencies, with many predicting further growth.

Bitcoin is now eyeing new price targets, with $80,000 and $100,000 in sight by the year’s end. However, not everyone shares the same optimism.

Ki Young Ju, the CEO of CryptoQuant, offers a cautious perspective. He believes that while Bitcoin’s price could see an uptick, investors should start considering selling their holdings gradually.

New investors often hold $BTC through bear markets, enduring losses.

After about two years, it changes hands when pain eases. That time is now.

It could go up +30-40% from here, but not like the +368% we saw from $16K. Time to consider gradual selling, not all-in buying, imo. pic.twitter.com/hXRT6YBsxS

— Ki Young Ju (@ki_young_ju) November 6, 2024

Ju highlights that newer investors, who bought in during bear markets, may now feel less pressure as their losses shrink. He warns that while a 30-40% price jump is possible from current levels, it won’t compare to the massive 368% rally seen when Bitcoin climbed from $16,000.

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In his analysis, Ju advises that it might be time to sell in increments rather than committing to a full purchase, suggesting that holding for too long might expose investors to unnecessary risks as the market continues to stabilize.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.