Wu Shuo learned that CryptoQuant CEO Ki Young Ju believes that on chain indicators indicate that the Bitcoin bull market cycle has ended, and it is expected that the price will show a bearish or sideways trend for 6-12 months; As new liquidity dries up, new whales are selling Bitcoin at lower prices. Its alarm applies PCA to on chain indicators such as MVRV, SOPR, and NUPL to calculate a 365 day moving average, used to identify inflection points where the trend of the one-year moving average changes. However, some users have pointed out that their selling targets for 2020 were incorrect. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39611