Opinion: If Strategy continues to hold its 650,000 bitcoins, a significant correction in BTC is unlikely in this cycle.
Jinse Finance reported, citing market sources: CryptoQuant CEO Ki Young Ju stated that if Strategy ($MSTR) continues to hold its 650,000 bitcoins, bitcoin is unlikely to experience a significant correction in this cycle, and any downside may be limited to sideways consolidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Strategy has accumulated a total of 203,600 bitcoins this year.
Bitmine may have accumulated an additional 41,946 ETH about 5 hours ago
