Check out this Net Realized Profit/Loss chart. What is it you | One - Crypto Insider
Check out this Net Realized Profit/Loss chart. What is it you can read here. Given this indicator, BTC has not yet reached its bottom. It is obvious that the price is now in the middle of the correction or slightly lower. But not at the bottom.
Can BTC price bounce higher now? - certainly. But it will definitely go down even lower. Possibly significantly lower.
