Published 1 Jul 2026, 06:21 UTC · fetched 3 Nov 2026, 10:56 UTC
Ki Young Ju
@ki_young_ju
Bitcoin likely has another parabolic cycle ahead. Yes, capital efficiency is declining. In 2011, just $2.7B in net capital inflows drove a 55,436% price increase. This cycle, $697B produced a +689% return. The next parabolic bull cycle likely requires deeper institutional allocation. Bitcoin needs to be a core macro asset, not just a retail-driven ETF trade. That shift is still early, not invalidated. If Bitcoin can absorb $1T+ in realized cap, another parabolic bull run remains on the table. Gold's market cap is currently $27T.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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