Bitcoin Eyes Parabolic Surge to $1 Trillion Market Cap

Bitcoin has seen a decline of over 50% since October, settling near $60,000 amidst low market sentiment and record-negative inflows in U.S. spot Bitcoin ETFs.

However, CryptoQuant founder Ki Young Ju predicts a new parabolic bull cycle that could push Bitcoin's market capitalization to $1 trillion.

This potential surge depends on deeper institutional investment, moving Bitcoin beyond retail ETF trading into a core macro asset.

A key factor in the last bull run was BlackRock's IBIT ETF, which saw Bitcoin peak at $126,000; recent inflows may signal the start of a new upward cycle, especially with a critical Federal Reserve policy decision expected in July.