Ki Young Joo: Bitcoin Price Could Reach $112,000 By End of Year

CEO of the blockchain analytics platform CryptoQuant, Ki Young Ju, has revised his previous forecast for a decline in the Bitcoin rate. According to him, the price of the first cryptocurrency could reach $112,000 by the end of the year. Ki Young Ju stressed that the positive momentum for the first cryptocurrency is far from over. However, he warned investors that corrections are possible as the futures market is heavily leveraged. “Bitcoin outlook revised. Stay…