From Investing.com

November 19, 2024 2:00:22 pm:

Bitcoin (BTC) hits milestone with 99.3% of unspent transaction output in profit, sparking euphoria. What’s next? CryptoQuant CEO outlines two scenarios for Bitcoin price. Scenario 1: Continued price discovery phase with new highs over 3-12 months. Scenario 2: Caution as rally may peak, leading to significant drop, similar to Nov 2021 crash. Despite risks, analyst advises against selling Bitcoin, emphasizing its role as a hedge against dollar devaluation and recommending a disciplined holding approach.

Read more at Investing.com: Euphoria or Trap? Top Analyst Answers By U.Today