Bitcoin analysis: Start selling BTC when this key metric hits 4%
Bitcoin supply profitability should form a focus for those seeking to avoid the return of the BTC bear market, CryptoQuant said.
Bitcoin hodlers should start selling BTC “aggressively” once realized profits reach a key milestone, analysis says.
In one of its Quicktake blog posts on Dec. 13, onchain analytics platform CryptoQuant told readers to watch the portion of the Bitcoin (BTC) supply “in loss.”
Bitcoin bull markets have a habit of ending when supply profitability crosses a certain threshold, CryptoQuant said.
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Author: William Suberg