{"id":142605,"date":"2024-11-19T12:30:53","date_gmt":"2024-11-19T10:30:53","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142605"},"modified":"2024-11-19T11:04:37","modified_gmt":"2024-11-19T09:04:37","slug":"bitcoin-could-hit-135k-but-caution-urged-amid-rising-leverage-and-retail-fomo","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-could-hit-135k-but-caution-urged-amid-rising-leverage-and-retail-fomo\/","title":{"rendered":"Bitcoin Could Hit $135K, But Caution Urged Amid Rising Leverage and Retail FOMO"},"content":{"rendered":"<p>He now believes <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s price<\/a><\/strong> could reach as high as $135,000.<\/p>\n<p>Ju revised his outlook, acknowledging the current bull market and predicting further price increases. He emphasized that while he previously expected a short-term correction, he now sees Bitcoin on a sustained upward trajectory, with $135,000 as the potential upper limit based on the capital flowing into the market.<\/p>\n<p>However, Ju cautioned investors, reminding them that corrections are still possible. He noted the leveraged nature of the futures market, which can increase volatility, and advised caution with leveraged positions. With the BTC-USDT perpetual futures market now about 2.7 times more leveraged than at the start of 2024, he warned that any liquidation of long positions could lead to downward pressure on prices.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-142553\" href=\"https:\/\/cryptodnes.bg\/en\/will-cardano-face-another-drop-before-year-end\/\" title=\"Will Cardano Face Another Drop Before Year-End?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Will Cardano Face Another Drop Before Year-End?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Despite this, Ju highlighted the growing participation of retail investors in Bitcoin, while large institutional players remain cautious. He speculated that when Bitcoin hits $100,000, there will be a rush of retail buying, driving further demand. While corrections might happen along the way, he believes this rally is just beginning and doesn\u2019t foresee the start of a bear market.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Retail investors are coming: <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> transaction volume under $100K hit a 3-year high. <a href=\"https:\/\/t.co\/S0pG6eErlY\" rel=\"nofollow\">pic.twitter.com\/S0pG6eErlY<\/a><\/p>\n<p>\u2014 Ki Young Ju (@ki_young_ju) <a href=\"https:\/\/twitter.com\/ki_young_ju\/status\/1858383043700064299?ref_src=twsrc%5Etfw\" rel=\"nofollow\">November 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s rapid rise in value has led to a surge in price predictions for late 2024 and beyond, with the latest forecast from CryptoQuant&#8217;s CEO, Ki Young Ju.<\/p>\n","protected":false},"author":9,"featured_media":132626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,108],"coin_category":[],"class_list":["post-142605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-price"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Could Hit $135K, But Caution Urged Amid Rising Leverage and Retail FOMO<\/title>\n<meta name=\"description\" content=\"Bitcoin&#039;s rapid rise in value has led to a surge in price predictions for late 2024 and beyond, with the latest forecast from ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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