$BTC Could See a 3x - 5x Gain from Its Cycle Low
CryptoQuant CEO Ki Young Ju believes Bitcoin’s bearish phase concluded over the summer, with the market having already entered a new bull cycle. According to his analysis, BTC has the potential to rally 3x to 5x during this cycle, though he does not expect a repeat of past 10x surges.
The primary reason is that the Bitcoin market has matured significantly, driven by an increased share of institutional investors. In Ju's view, this institutional presence simultaneously caps extreme upside potential while reducing the risk of deep drawdowns.
It appears the core question is no longer whether a new cycle has begun, but rather how high $BTC can go.
#BTC #CryptoRally #bullish #BuyTheDip
CryptoQuant CEO Ki Young Ju believes Bitcoin’s bearish phase concluded over the summer, with the market having already entered a new bull cycle. According to his analysis, BTC has the potential to rally 3x to 5x during this cycle, though he does not expect a repeat of past 10x surges.
The primary reason is that the Bitcoin market has matured significantly, driven by an increased share of institutional investors. In Ju's view, this institutional presence simultaneously caps extreme upside potential while reducing the risk of deep drawdowns.
It appears the core question is no longer whether a new cycle has begun, but rather how high $BTC can go.
#BTC #CryptoRally #bullish #BuyTheDip
