CryptoQuant CEO Predicts Smaller Bitcoin Gains in Current Cycle

Ki Young Ju, founder and CEO of CryptoQuant, stated on X that the current Bitcoin (BTC) bull cycle is expected to see gains of 3 to 5 times, rather than the 10-fold increases seen in previous cycles. He noted that the MVRV ratio did not drop below 1 during the cycle's lows and that increased institutional holdings are likely to mitigate potential drawdowns of 80% scale.