# When Should You Actually Accumulate Bitcoin? CryptoQuant Founder Breaks Down the Real Numbers

CryptoQuant's Ki Young Ju just dropped some heavy analysis on where BTC is headed—and it's worth paying attention to.

Here's the raw take: **Bitcoin's spot price is in accumulation territory right now.** But before you FOMO in, here's the catch—on-chain cycle metrics are flashing signals that the bull run might already be done. The realistic target for a pullback? Around $56,000.

So why not panic sell? Three words: **global liquidity is surging.** With macro conditions loosening up, market sentiment could easily reverse course. Going short or dumping your stack right now? That's playing with fire.

Ki Young Ju's personal move is telling too—he's ditched leverage trading entirely. He admits timing entries perfectly isn't his thing, but here's what he's confident about: the **long-term trajectory is solid.**

The tldr: We're at that awkward middle ground where the cycle data suggests caution, but the macro backdrop screams opportunity. It's not "moon now," but it's definitely not "sell everything" either. Classic accumulation season vibes.