CryptoQuant CEO: Unsure if Bitcoin Has Bottomed, From a Traditional Cycle Perspective It's Still Far From the Bottom

Odaily Planet Daily News: Ki Young Ju, CEO of CryptoQuant, stated on platform X that he is unsure if Bitcoin is at the cycle bottom. A logarithmic chart he released shows that from a traditional cycle perspective, Bitcoin still seems far from hitting the bottom; each major cycle has touched the realized price before. If it doesn't this time, perhaps "this time is different." When the price approaches the investor's cost basis, the risk-reward ratio improves significantly.