Bitcoin May See ‘Boring Sideways’ Action: CryptoQuant CEO

CryptoQuant CEO Ki Young Ju suggests that Bitcoin's price is likely headed for a period of "boring sideways" movement over the next few months, despite historical trends indicating potential gains in Q1. Ju attributes this conservative outlook to capital inflows into Bitcoin drying up, with investor interest shifting towards stocks and precious metals like gold and silver. He does not anticipate a major crash from its current peak, unlike past cycles. This forecast contrasts with historical January-March performance, which has seen significant average returns, and also differs from more bullish predictions by figures like venture capitalist Tim Draper, who maintains a $250,000 price target for 2026. At the time of reporting, Bitcoin was trading around $90,890, while market sentiment, as measured by the Crypto Fear & Greed Index, remained in the "fear" territory.

(Source：Cointelegraph)