Odaily News Ki Young Ju, CEO of CryptoQuant, believes that the price of Bitcoin may be slightly below $59,000 at the end of the year, and pointed out that the overheated futures market is one of the main reasons for the year-end plunge. Ki recently posted on X that he expects the price of Bitcoin to fall to $58,974 at the end of the year, while asking others for their views on the year-end price, adding that he will pay 0.1 BTC to the person whose answer is closest. He said: "I expect the Bitcoin futures market indicators to be overheated, so there will be adjustments, but we are entering the price discovery phase and the market is heating up further. If there is a pullback and consolidation, the bull market may continue; however, in my opinion, the year-end plunge may lay the groundwork for a bear market in 2025. I hope my prediction is wrong."