🚨 Bitcoin’s market cycles may be changing.

CryptoQuant CEO Ki Young Ju expects $BTC to deliver roughly 3–5x returns this cycle, followed by a milder bear market instead of the extreme rallies and 80% crashes seen in the past.

His view is based on Bitcoin’s larger market size, rising institutional ownership, fresh capital inflows and stronger long-term holders. These factors may reduce volatility and make future cycles more stable.

The upside could be smaller than previous cycles, but the downside may also be less severe. Bitcoin appears to be slowly maturing into a more institutionally driven asset. 👀

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