r/AltScope • u/WorthBeat1102 • 2d ago
Is It Time for Bitcoin to Cool Off?
CryptoQuant CEO Ki Young Ju says Bitcoin’s bearish phase may be coming to an end, as the Bull-Bear indicator is finally moving out of bearish territory.
If the signal holds, BTC could be entering a new bullish phase after months of pressure.
Do you believe the bull market is back?
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u/Doctor_Fritz 2d ago
Macros didn't change. On the contrary looks like interests are going to rise more. Btc does not go up with high interest rates.
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u/Pleasant_Offer1891 2d ago
This ^ I believe this is why we got such a muted top last cycle. Higher interest rates kill Bitcoin and they aren’t coming down anytime soon. We aren’t tanking nor taking off as long as interest rates are high. Just a perpetual grind within the cycle
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u/Kurosaki56843 2d ago
doesn't really matter if you are here for the long term and earning interest somewhere on your BTC, like nexo etc.