‘Euphoric Phase’ Has Arrived for Bitcoin, According to CryptoQuant CEO – Here’s How Long it Will Last
The CEO of analytics firm CryptoQuant says that Bitcoin has officially entered into a state of euphoria as BTC continues to hold above the $90,000 mark. CryptoQuant chief executive Ki Young Ju says that BTC is entering a “euphoric phase” that began shortly after the US Presidential election. “Bitcoin euphoria is here. 99.3% of UTXOs (unspent output in transactions) are in profit now. Everyone’s happy. This euphoric phase typically lasts