The supply held by investors is increasing in terms of profit/loss. This means more and more people are not making a profit from #Bitcoin, and losses are rising significantly. This is something we only see during peak bear markets in 2015, 2018, and 2022. Similar signals are reappearing. That’s enough reason to accumulate more positions.
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Another incredible chart.
The supply held by investors is increasing in terms of profit/loss.
This means more and more people are not making a profit from #Bitcoin, and losses are rising significantly.
This is something we only see during peak bear markets in 2015, 2018, and 2022.
Similar signals are reappearing. That’s enough reason to accumulate more positions.