CryptoQuant CEO: Bitcoin can still rise 3–5x from cycle bottom
- —Ki Young Ju sees a possible 3–5x gain from a cycle bottom
- —He considers another 10x rally increasingly unlikely
- —Reason: a larger market cap and growing institutional inflows
- —Giving up the 10x parabola may also mean giving up 80% crashes
Why it matters: The call sets an expectation for this cycle's upside and hints at smaller drawdowns ahead.
Source: Newsbit