CryptoQuant CEO Ki Young Ju Says Bitcoin’s Cycle Bottom Remains Uncertain

CryptoQuant CEO Ki Young Ju said he is unsure whether Bitcoin is currently at a cycle bottom. According to Odaily, Ju wrote on X that a logarithmic chart he shared suggests Bitcoin still appears far from a bottom from a traditional cycle perspective, noting that each major cycle has previously reached the realized price. Ju added that if Bitcoin does not reach the realized price this time, it may indicate that “this time is different.” He also said that when the price approaches investors’ cost basis, the risk-reward ratio improves significantly.