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Cryptocurrency Market Dynamics Shift as Bitcoin Cycle Theory Fails
CEO CryptoQuant Ki Eon-joo has stated that the traditional cycle theory of Bitcoin is no longer effective. He mentions that the market previously followed a simple pattern: 'buy when whales accumulate, sell when retail investors join.' However, currently, major long-term investors are selling assets to new long-term holders. Institutional players are now playing a more significant role than expected.
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AI Analysis
The statement from CryptoQuant's CEO underscores an important evolution in the cryptocurrency market structure. Historically, Bitcoin and other digital assets have exhibited somewhat predictable cycle...
AI Recommendation
Given the shift in Bitcoin market dynamics described by CryptoQuant's CEO, investors should approach traditional cycle-based strategies with caution. It would be prudent to diversify analysis methods ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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