Bitcoin Realized Profit/Loss Ratio Drops Below 1 As Whales Stay On Sidelines...

Bitcoin Realized Profit/Loss Ratio Drops Below 1 As Whales Stay On Sidelines Despite ETF Approvals

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Source: TheMerkle.com

The Bitcoin Realized Profit/Loss Ratio has dipped below 1, signaling that investors are currently experiencing more losses than profits. This trend, observed over the past six months, historically suggests a potential local bottom for Bitcoin ($BTC).

The #Bitcoin Realized Profit/Loss Ratio has fallen below 1, suggesting that investors are currently realizing more losses than profits. Historically, this trend has indicated a local bottom for $BTC over the past six

Read More https://themerkle.com/bitcoin-realized-profit-loss-ratio-drops-below-1-as-whales-stay-on-sidelines-despite-etf-approvals/

The post "Bitcoin Realized Profit/Loss Ratio Drops Below 1 As Whales Stay On Sidelines Despite ETF Approvals" appeared first here TheMerkle.com.

Source: TheMerkle.com

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