BlockBeats News, November 14th, CryptoQuant’s founder and CEO Ki Young Ju stated in a post on X platform that the average cost of Bitcoin investors who entered the market in the past 6 to 12 months is around $94,000.
He mentioned that only when the price falls below this cost range, the bear market cycle may be confirmed. At present, it is still not appropriate to draw premature conclusions and it is better to maintain a watchful attitude.
