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CryptoQuant CEO: Bitcoin's price bottom may be around $56,000.

B.news
18 Nov 2025 02:52:05 PM
According to the latest analysis by CryptoQuant founder Ki Young Ju, if cycle theory holds true, the bottom for Bitcoin's price may be around $56,000.
CryptoQuant CEO: Bitcoin's price bottom may be around $56,000.

On November 18th, according to the latest analysis by CryptoQuant founder Ki Young Ju, the Bitcoin futures market has shown signs of large investors exiting, and is currently dominated by retail investors. Data shows that Coinbase Premium has fallen to a nine-month low, ETFs have experienced net outflows for three consecutive weeks, and on-chain market capitalization growth has stagnated. Although the market is weak in the short term and dollar liquidity is insufficient, analysts predict that Bitcoin inflows will not completely stop in the next six months. If cycle theory holds true, the bottom for Bitcoin prices may be around $56,000. Currently, the Binance deposit cost basis is $57,000, indicating that traders have already gained considerable profits from ETF and institutional inflows.

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