🚨BULLISH: CryptoQuant founder expects Bitcoin’s current bull cycle to deliver a 3–5x gain. Ki Young Ju expects a structurally stronger but less explosive cycle, with institutional ownership and Bitcoin’s larger market cap dampening both upside volatility and the severity of the next bear market. On-chain signals support the thesis: - MVRV has remained above 1, - realized cap continues to rise with fresh capital, - OG whales have slowed distributions, - futures whales accumulated aggressive longs near cycle lows, and - CryptoQuant’s 365-day PnL Index is showing a meaningful inflection point.