#BITCOIN IS SHOWING THE ANATOMY OF A BOTTOM π
According to CryptoQuant, Bitcoin is showing conditions repeatedly associated with macro bottomsβΌοΈ
Here are the details to know:
β aNUPL is near a historical bottoming zone
β The market is showing unrealized losses
β Prior bottoms had deeper capitulation
β This is a possible bottoming structure
β Still awaiting full confirmation
In other words π Bitcoin may be forming a bottom.
BOTTOM-LIKE CONDITIONS ARE APPEARING π
According to CryptoQuant, Bitcoin is showing conditions repeatedly associated with macro bottomsβΌοΈ
Here are the details to know:
β aNUPL is near a historical bottoming zone
β The market is showing unrealized losses
β Prior bottoms had deeper capitulation
β This is a possible bottoming structure
β Still awaiting full confirmation
In other words π Bitcoin may be forming a bottom.
BOTTOM-LIKE CONDITIONS ARE APPEARING π
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