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CryptoQuant Founder: Bitcoin May Resume Rally Once US Midterm Election Uncertainty Fades

Oct 29, 08:19

October 29: CryptoQuant founder Ki Young Ju said the ETF engine barely ran this year, with year-to-date net inflows near zero, yet Bitcoin is down only 7%. With ETF demand weak and prices still holding firm, a massive sell-off by OG whales or miners seems unlikely — those who wanted to sell may have already sold. Ki Young Ju expects bullish momentum to return once US midterm election uncertainty fades and ETF inflows recover.