Short term NUPL for Bitcoin, which measures the asset’s net pr | Blockchain Crypto Bitcoin

Short term NUPL for Bitcoin, which measures the asset’s net profit and losses from its current circulation of supply, is back in the positives for the first time since May 15, 2021. This can be a sign of incoming sustained recovery. Sudden turnarounds in price trajectory could also be the result of a temporary relief rally or a disbelief phase after a prolonged period of losses.

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