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Bitcoin could rally up to $430K this cycle with lower selling pressure, says CryptoQuant CEO.

Market News
23 Sep 2026
AMBCrypto
View Source
Bullish
Bitcoin could rally up to $430K this cycle with lower selling pressure, says CryptoQuant CEO.

CryptoQuant CEO Ki Young Ju projects Bitcoin could rise 3-5 times in the current bull market, reaching $258K to $430K, driven by growing institutional adoption and less extreme price dips. Unlike past cycles fueled by retail investors, this rally is supported by more mature players like ETFs and corporates, leading to reduced volatility and a more stable uptrend. The Bitcoin Rainbow chart supports this forecast, marking a potential peak near $423K. On-chain data shows low selling pressure, suggesting the rally could continue without significant profit-taking stalls.

The CryptoQuant CEO's Bitcoin price projection is presented here with Pluang's market data for context. As of Sep 24, 2026 00:21 WIB, 9 out of 50 major cryptocurrencies on Pluang rose while 40 fell. Notable movers include BCH at Rp6.237.327 with a 7.45% gain and a 78% sell order activity, AVAX at Rp183.127 down 7.44%, and COTI at Rp303 up 7.08% with 77% buy order activity.

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