BNB$573.55+0.17%BRENT$92.37-6.11%BTC$65,357+0.17%COPPER$6.31+0.10%DJI$52,246+0.57%DOGE$0.0728+0.38%DXY104.20+0.00%ETH$1,954+0.61%GOLD$4,089+0.90%NDX$28,490+1.29%SILVER$59.18+2.07%SOL$76.37+0.04%SPX$7,466+0.72%US10Y4.25+0.00%VIX14.50+0.00%BNB$573.55+0.17%BRENT$92.37-6.11%BTC$65,357+0.17%COPPER$6.31+0.10%DJI$52,246+0.57%DOGE$0.0728+0.38%DXY104.20+0.00%ETH$1,954+0.61%GOLD$4,089+0.90%NDX$28,490+1.29%SILVER$59.18+2.07%SOL$76.37+0.04%SPX$7,466+0.72%US10Y4.25+0.00%VIX14.50+0.00%
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·Confidence 75%

Bitcoin Supply in Loss Signals Potential Macro Bottom

Key takeaways

  • K33 Research indicates that over half of Bitcoin's supply is held at a loss, suggesting a potential macro bottom as market momentum wanes.
#Bitcoin#Market Analysis#Onchain Data

Analysis

K33 Research indicates that over half of Bitcoin's supply is held at a loss, suggesting a potential macro bottom as market momentum wanes.

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