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Bitcoin Metric That Marked Every Cycle Bottom Since 2016 Just Flashed Again, Analyst Says

Covered by 2 sources · 2 articles

2 outlets - including Coinotag and Bitcoin - are covering this story. Bitcoin News On-chain data shows Bitcoin (BTC) investors are realizing losses at a pace that has historically marked the end of major downcycles. The UTXO profit-and-loss count ratio — a metric tha...

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CoinOtag Jun 30, 01:24 UTC

Bitcoin Capitulation Indicator Flashes That Marked Every Cycle Bottom Since 2016

Bitcoin News On-chain data shows Bitcoin (BTC) investors are realizing losses at a pace that has historically marked the end of major downcycles. The UTXO profit-and-loss count ratio — a metric tha...

Bitcoin Metric That Marked Every Cycle Bottom Since 2016 Just Flashed Again, Analyst Says
Bitcoin.com News Jun 30, 00:30 UTC

Bitcoin Metric That Marked Every Cycle Bottom Since 2016 Just Flashed Again, Analyst Says

An on-chain bitcoin metric that previously flashed at every cycle bottom since 2016 has triggered again as more investors sell at a loss during the current correction. Bitcoin Metric Drops to Levels Last Seen Near Market Bottoms Market data…