CEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”
![wp-header-logo-235png - Eric Liboiron La Presse](https://i0.wp.com/ericliboironlapresse.com/wp-content/uploads/2024/07/wp-header-logo-235.png?fit=1200%2C628&ssl=1)