The Founder of CryptoQuant, Ki Young Ju thinks $BTC next big cycle could look very different from the last few.

He says this cycle could deliver a 3x–5x gain, rather than another 10x move, followed by a milder bear market.

His reasoning is simple: as Bitcoin gets bigger, it takes increasingly more capital to push the price higher.

The days of Bitcoin doing 10x every cycle may be fading as the asset matures.