CryptoQuant CEO: From a traditional cycle perspective, Bitcoin may not yet be approaching the bottom of this cycle.
Source：
x.com
Ki Young Ju, CEO of cryptocurrency data analytics firm CryptoQuant, stated that it is still too early to confirm whether Bitcoin has reached the bottom of its current cycle. Based on his analysis of logarithmic-scale charts, Bitcoin’s current price does not yet appear to be approaching the bottom region, according to traditional cycle patterns.
