Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33
K33 said Bitcoin has historically bottomed within weeks of more than half of its circulating supply being held at a loss, with strong one-year returns following in most previous cycles.
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K33 said Bitcoin has historically bottomed within weeks of more than half of its circulating supply being held at a loss, with strong one-year returns following in most previous cycles.
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Originally published at cointelegraph.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
