Bitcoin Market Insights: Ki Young Ju Warns Against Panic-Selling

Bitcoin Retracements Are Normal, Says Ki Young Ju

CryptoQuant founder Ki Young Ju recently addressed his 408,400 X followers, urging investors not to panic-sell during Bitcoin's current market correction. He emphasized that a 30% retracement in a Bitcoin bull cycle is common, citing historical examples such as the 53% drop in 2021 that still led to an all-time high.

Ki highlighted that Bitcoin has experienced significant drawdowns in past cycles, including 2017 and 2020, but these corrections do not signal the end of a bull cycle. He advised investors to adopt a clear strategy rather than chasing price swings, warning that buying high and selling low is a poor investment approach.

Current Market Conditions

Bitcoin's price has dropped 2.9% in the last 24 hours, reaching $85,984.77, with an 11.63% decline over the past week. This marks its worst February performance in 11 years. Altcoins like Ethereum, XRP, and Solana are also experiencing similar downward trends, reflecting Bitcoin's market dominance.

Macroeconomic uncertainties and the North American tariff war are adding pressure on risky assets. The Crypto Fear & Greed Index indicates extreme fear, suggesting potential short-term cyclical fund rotations.

Key Takeaways

• Bitcoin retracements are a natural part of bull cycles.
• Panic-selling during corrections is often a sign of inexperience.
• A disciplined investment strategy is crucial for long-term success in crypto markets.
• Current market conditions reflect broader economic challenges and investor sentiment.

Investors are advised to stay informed and avoid impulsive decisions based on short-term price fluctuations.