Bitcoin: 3-5x Cycle Forecast Replaces 10x Parabolics

Bitcoin faces a moderated bull cycle delivering 3-5x returns instead of prior 10x+ spikes, according to Ki Young Ju, as larger market size and institutional ownership dampen volatility while lifting the floor on drawdowns.

With BTC trading at $86214.34 inside Bollinger Bands and testing upper resistance near $88354.16, the overbought RSI at 74.47 alongside the MACD golden cross at 1909.44 points to near-term exhaustion; a measured pullback toward the EMA50 support at $81195.28 offers the cleanest entry before continuation, especially as the 365-day PnL moving average inflects higher amid fresh realized-cap inflows.