Bitcoin’s Next Leg Higher Seen at Three to Five Times, CryptoQuant CEO Says

Ki Young Ju, head of on-chain analytics firm CryptoQuant, expects Bitcoin to rise three- to fivefold in the present bull cycle rather than the tenfold jumps seen before. He links the change to deeper institutional participation.

Larger market size and steady institutional flows have already cut price swings, he wrote on X. Retail-driven eras produced 80 % drawdowns after peaks; those extremes are fading as the asset matures.

Bear markets should also be less severe, the CEO added. The same forces that temper rallies will limit crashes, making Bitcoin more attractive for long-term holders than for short-term traders.

If the coin becomes a widely used, stable currency, Ki Young Ju believes the knock-on effects could reshape the global financial system beyond current forecasts.

Based on information from https://cryptonews.net