Bitcoin Bull Cycle Could Gain 3–5x, CryptoQuant CEO Says
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5 Articles
Is Bitcoin turning the page of its most violent cycles? For Ki Young Ju, CEO of CryptoQuant, the rise of institutional investors could limit both parabolic flights and spectacular crashes. It now anticipates an increase of x3 to x5 during this bull run, while several on-chain indicators suggest that the market has already laid solid foundations for the continuation of the cycle. The Bitcoin article will see its price multiplied by 3 to 5 during …
Bitcoin’s Upcoming Bull Cycle Expected to Deliver 3-5x
Traders scanning the order books got a surprise when Ki Young Ju, founder of CryptoQuant, predicted that Bitcoin’s current bull cycle could yield a growth of 3 to 5 times. According to his analysis, the market dynamics are shifting as institutional ownership increases, which may dampen the...
CryptoQuant CEO Ki Young Ju said that Bitcoin (BTC) could increase in value by 3 to 5 times in the current bull cycle, rather than rising more than 10 times as in previous periods. Ki Young Ju also stated that a future bear market could be more moderate compared to previous periods. In a post on X, Ki said that the growth of the Bitcoin market and the share of institutional investors in the market […] Source: Bitcoinsistemi.com
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