🚨 Bitcoin's next chapter might already have started!

According to CryptoQuant CEO Ki Young Ju, BTC has entered a new cycle—and there could be 3–5x upside from the cycle low.

But the real story isn’t just about price. 👇

Bitcoin’s market structure has changed. Institutional capital, ETF-driven demand, and the behavior of long-term holders are now completely different compared to the previous cycle.

Based on Ju’s thesis, even if the new cycle brings explosive upside, we may not see extreme volatility like before. In other words, diminishing returns could be the most important theme of Bitcoin’s next phase.

However, 3–5x isn’t a guaranteed target—it’s a possible cycle framework.

🔥 The only question is: will BTC repeat history this time, or will it create a new market structure?😎
$BTC
$HYPE