Bitcoin is showing signs typical of a market bottom, although its current on-chain metrics steer away from confirming a definite cycle low. The adjusted Net Unrealized Profit and Loss (aNUPL) metric has revealed that long-term Bitcoin holders confront rising unrealized losses, trading well below their cycle peak.
Continue Reading:Bitcoin’s Market Dynamics: A Mix of Hope and Uncertainty
Source: https://en.bitcoinhaber.net/bitcoins-market-dynamics-a-mix-of-hope-and-uncertainty
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