70% Bitcoin Crash Incoming? CryptoQuant CEO Says It Depends On This

Bitcoin’s latest drawdown is being framed less as a technical breakdown and more as a liquidity problem, with Ki Young Ju arguing that the key inputs that sustained the rally fresh capital inflows have stalled. In that setup, he says, calls for a full-cycle, -70% style capitulation hinge on a single variable: whether Strategy turns from buyer to meaningful seller.