CryptoQuant CEO predicts Bitcoin price to reach $265k in current bull cycle, based on data analysis and 2016 performance.

CryptoQuant CEO Ki Young Ju predicts Bitcoin price to reach $265k in the current bull cycle, suggesting a positive ripple effect on the whole industry. The prediction is based on data analysis and mirrors the 2016 Bitcoin performance. Leading crypto traders are also forecasting a peak of $350k during the cycle, following the same trajectory as the 2016 halving event.

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