Bitcoin NUPL Bottom Not Yet in Sight With BTC Due New Lows
CryptoQuant said the 100-day NUPL average is still above past bear-market bottom levels and may need new cycle lows to match history.
7 Articles
7 Articles
Has Bitcoin Bottomed This Cycle? Analysts Say 'Not Yet'
Bitcoin is trading in a market that’s getting harder to define. Hovering around $64,000 at the time of writing, Bitcoin is down by almost 50% from its cycle peak. That’s a much shallower draw down than previous cycles, but the bull run this time around did not reach the same heights. The 2025 rally was driven by exchange-traded fund (ETF) inflows, post-halving momentum and renewed institutional demand, pushing the market to a new all-time high o…
Bitcoin May Drop Further as Historical Bottom Signal Still Not Met - The Blockopedia
While Bitcoin and the broader cryptocurrency market continue to trade with high volatility, a signal that has accurately marked previous market bottoms is now under fresh scrutiny. According to a report from a CryptoQuant analyst, Bitcoin is likely to experience further declines in the current bear market. The analyst examined the Net Unrealized Profit/Loss (NUPL) […] The post Bitcoin May Drop Further as Historical Bottom Signal Still Not Met ap…
http://coinprofitnews.com
BITRSS🚨 CryptoQuant stated that for the bottom signal in Bitcoin to strengthen, the NUPL indicator needs to approach the zero line. 📉 Currently at 0.158, the NUPL has not yet fallen into the negative zone seen in past bear market lows, keeping the possibility of additional pressure on $BTC alive...
Bitcoin again attracts market attention after recovering its price from $58,500 to over $63,500, but on-chain and derivatives indicators show that the strength of the movement may not be backed by strong demand in the spot market. At the same time, another historical indicator, the Net Unrealized Profit/Loss (NUPL), approaches a level that in previous cycles coincided with the main floors of the bass market.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
