Has the Bitcoin cycle changed?
CryptoQuant CEO Ki Young Ju expects the current Bitcoin bull cycle to deliver returns ranging from 3 to 5 times, rather than the 10x+ waves seen in previous cycles.
He attributes this to increased ownership and institutional participation, which could make market moves less extreme in both directions.
The question now is: Are we looking at a more mature market, or is a bigger bull wave still possible?
$BTC
#BTC #Bitcoin #CryptoQuant
CryptoQuant CEO Ki Young Ju expects the current Bitcoin bull cycle to deliver returns ranging from 3 to 5 times, rather than the 10x+ waves seen in previous cycles.
He attributes this to increased ownership and institutional participation, which could make market moves less extreme in both directions.
The question now is: Are we looking at a more mature market, or is a bigger bull wave still possible?
$BTC
#BTC #Bitcoin #CryptoQuant
