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Amid sharp volatility in cryptocurrency markets, CryptoQuant CEO Ki Young Ju warned that Bitcoin's cycle bottom has not yet been confirmed, citing on-chain realized price analysis and comparisons to past cycles. Ju noted that spot demand remains weak despite a recent rebound, suggesting continued price pressure. According to reports, the warning is based on realized price patterns that indicate the market has not yet reached historical oversold territory.
In the absence of fresh price data, Bitcoin traded at approximately $34.98 at the close on May 15, 2026, per market data. The warning comes amid cautious global market sentiment but remains an individual executive opinion without hard data confirmation. Market attention is expected to remain on on-chain metrics and ETF flows to guide near-term price direction.
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