Bitcoin Rally Expectations Toned Down by CryptoQuant Founder

CryptoQuant founder Ki Young Ju expects Bitcoin's current cycle to deliver a 3-to-5x rally, rather than another 10x-plus parabolic run. He attributes this prediction to the larger market base that limits extreme price moves. According to Ju, increased institutional adoption will dampen both euphoric highs and brutal drawdowns, leading to a milder bear market and lower BTC volatility for the broader crypto market.

The market has grown significantly since its early years, with a more substantial base of institutional buyers. This shift is expected to moderate price movements and reduce extreme fluctuations. Ju's view suggests that investors should not expect another massive 10x rally, but rather a more subdued increase in value.