CryptoQuant Founder Reveals Final Puzzle Piece for Bitcoin to Have a Parabolic Bull Cycle

CryptoQuant founder Ki Young Ju has tipped Bitcoin to undergo a mega rally in the future, adding that “deeper institutional allocation” will unlock a parabolic bull cycle for BTC. To double the BTC price, Ju opined that it will require trillions in net capital inflows, a feat that is still many months away.

Trillions in net capital inflows will unlock higher BTC prices 

According to Ju, Bitcoin can still pull off mega returns for investors, potentially tripling its market value in the coming months. The CryptoQuant founder shared his stance in an X post, disclosing that a surge in institutional capital into Bitcoin will drive prices to previously unseen highs.

However, Ju disclosed that “capital efficiency is declining” for Bitcoin, with the asset requiring larger investments to move prices upward. Back in 2011, a $2.7 billion net inflow triggered a 55,436% surge for BTC, while a $68 billion net inflow resulted in a 10,000% rally between 2015 and 2017.

Furthermore, investors poured in $364 billion between 2018 and 2021, with BTC gaining around 2,000%. Since 2022, nearly $700 billion in capital inflows have yielded only a 689% increase for BTC, underscoring Ju’s claim of declining capital efficiency.

Source: CryptoQuant

Aware of the falling capital productivity, Ju added that Bitcoin will have to become a “core macro asset” to attract institutional capital to unlock the next mega rally. Ju theorized that Bitcoin absorbing over $1 trillion in realized cap will be enough to trigger a major price surge for the beleaguered asset.

“The next parabolic bull cycle will likely require trillions in net capital inflows, which means institutional adoption needs to truly take off,” wrote Ju on X.

At the moment, Bitcoin is trading below $60K, a 53% decline from its all-time high of $126,198 that it set back in October 2025. In early June, a CryptoQuant analyst predicted that Bitcoin would bottom at $53,000 before staging a recovery run to decent numbers.

Institutional investment reached peak levels for BTC

Capital inflows in BTC have reached frenetic levels, accentuated by heavy accumulation by treasury companies. According to data from Bitcoin Treasuries, publicly traded companies have over 1.2 million BTC on their balance sheets, representing over 5% of the assets' total supply.

Mirroring Strategy’s playbook, several companies, including Metaplanet, Twenty One Capital, and Strive, have aggressively purchased Bitcoin. However, experts are predicting a waning buying streak as a falling BTC price and shareholder obligations may force heavily leveraged treasury firms to sell their assets. 

Outside of treasury firms, the launch of spot Bitcoin ETFs has seen a flurry of institutional players in the ecosystem. Already, spot Bitcoin ETFs have surpassed $100 billion in assets under management, with firms like BlackRock pushing the limits with a new Bitcoin Income ETF.

Meanwhile, Wall Street banks are tinkering with Bitcoin products and infrastructure. Traditional finance players have debuted custody services and institutional trading desks to rival crypto-native companies.

Perhaps, the biggest push for Bitcoin to deeper institutional participation is government adoption. The US has adopted a pro-crypto stance, accentuated by efforts to float a Bitcoin Strategic Reserve and frenzied lawmaking to offer regulatory clarity to service providers.