CryptoQuant CEO, Ki Young Ju, recently announced on November 10 that Bitcoin has entered the price discovery stage. This means that the market is now determining the new price for Bitcoin, as it adjusts to changes in supply and demand. Price discovery is an essential part of the market, as it helps to establish a fair and accurate price for assets.
This stage is crucial for investors and traders, as it allows them to make informed decisions about their investments.
