BTC: KI YOUNG JU SAYS THE BOTTOM IS IN AS A NEW BULL RUN BEGINS
CryptoQuant CEO Ki Young Ju believes Bitcoin has formed a bottom and a new bull cycle is beginning. He expects BTC could rise 3–5x from the cycle bottom, below the 10x gains seen in previous cycles.
My take: the key change is the structure of capital flows. ETFs and institutions are bringing more long-term capital into Bitcoin, reducing volatility and making another 10x cycle harder to repeat. The cited on-chain signals are also notable: realized cap continues to rise, whales have stopped selling, MVRV remains above 1, and the average ETF cost basis is around USD80,000. If institutional flows remain important, BTC could appreciate more slowly but with a more durable structure than in previous cycles.
I would not treat the 3–5x estimate as a guaranteed target. I will watch whether BTC holds the roughly USD80K cost-basis zone, alongside realized cap and whale behavior. If these on-chain signals keep improving, I would maintain exposure; if the structure weakens, I would become more defensive.
Do you think BTC can repeat a 10x cycle, or is 3–5x a more realistic scenario this time? If this logic makes sense, drop a follow for more market breakdowns.
Please do your own research carefully before making any transactions (DYOR). $BTC $ONE $PUMP
CryptoQuant CEO Ki Young Ju believes Bitcoin has formed a bottom and a new bull cycle is beginning. He expects BTC could rise 3–5x from the cycle bottom, below the 10x gains seen in previous cycles.
My take: the key change is the structure of capital flows. ETFs and institutions are bringing more long-term capital into Bitcoin, reducing volatility and making another 10x cycle harder to repeat. The cited on-chain signals are also notable: realized cap continues to rise, whales have stopped selling, MVRV remains above 1, and the average ETF cost basis is around USD80,000. If institutional flows remain important, BTC could appreciate more slowly but with a more durable structure than in previous cycles.
I would not treat the 3–5x estimate as a guaranteed target. I will watch whether BTC holds the roughly USD80K cost-basis zone, alongside realized cap and whale behavior. If these on-chain signals keep improving, I would maintain exposure; if the structure weakens, I would become more defensive.
Do you think BTC can repeat a 10x cycle, or is 3–5x a more realistic scenario this time? If this logic makes sense, drop a follow for more market breakdowns.
Please do your own research carefully before making any transactions (DYOR). $BTC $ONE $PUMP
