BITCOIN COULD BE ENTERING A NEW 3–5X BULL CYCLE
CryptoQuant founder @ki_young_ju says Bitcoin is in the early stages of a new bull market that could deliver a 3–5x gain over the full cycle.
Ju expects a less explosive but more stable cycle than Bitcoin’s previous 10x+ rallies as institutional ownership grows through ETFs and other traditional financial channels.
He points to rising realized capitalization showing fresh money entering Bitcoin, early whales slowing their selling and large futures traders building long positions near the recent lows.
The tradeoff, according to Ju, is fewer parabolic rallies but also less severe crashes as Bitcoin matures into a larger, more institutionally owned asset.
CryptoQuant founder @ki_young_ju says Bitcoin is in the early stages of a new bull market that could deliver a 3–5x gain over the full cycle.
Ju expects a less explosive but more stable cycle than Bitcoin’s previous 10x+ rallies as institutional ownership grows through ETFs and other traditional financial channels.
He points to rising realized capitalization showing fresh money entering Bitcoin, early whales slowing their selling and large futures traders building long positions near the recent lows.
The tradeoff, according to Ju, is fewer parabolic rallies but also less severe crashes as Bitcoin matures into a larger, more institutionally owned asset.