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via crypto.news · By crypto.news Editorial

Bitcoin loss metric reaches rare level linked to past market bottoms

BTC

BTC/USDT

$62,616.00
+0.07%
24h Volume

$8,808,916,337.24

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.6%
Long: 61.6%Short: 38.4%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,646.83

-0.79%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,848.91
Resistance 1$63,117.74
Price$62,646.83
Support 1$61,603.59
Support 2$57,800.19
Support 3$50,986.64
Pivot (PP):$62,742.48
Trend:Downtrend
RSI (14):48.0
CE
crypto.news Editorial
(08:57 AM UTC)
1 min read
OB
Updated byOlivia Bennett
1460 views
0 comments

CryptoQuant has reported that Bitcoin’s realized profit and loss ratio has dropped to a 43-month low of -0.35, a level that has historically appeared near major market bottoms.

Summary

  • CryptoQuant says Bitcoin’s realized P&L ratio has fallen to a 43-month low, a level previously seen near market bottoms.
  • U.S. spot Bitcoin ETFs recorded $221.7…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

crypto.news Editorial · crypto.news

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