Ki Young Ju, founder and CEO of the on-chain analytics firm CryptoQuant, expressed on the 23rd in a post on X that the current bullish cycle for Bitcoin (BTC) is expected to see gains limited to 3 to 5 times. He does not anticipate the over 10-fold increases seen in past cycles.
He stated, "This time, Bitcoin's bullish cycle is not expected to result in another over 10-fold parabolic rise, but rather 3 to 5 times..."
