CryptoQuant CEO: Bitcoin's 10x rally won't happen, cycle will be calmer
- —Ki Young Ju forecasts 3–5x gains for BTC, not 10x
- —MVRV has not dropped below 1 this cycle
- —BTC hit $87,395 on Sept 21, highest since late January
- —A 3x move from June's low implies roughly $174,000
Why it matters: A shift toward institutional holders may dampen cycle volatility, but also cap upside returns.
Source: BeInCrypto IT