BITCOIN SELL-OFF LIKELY WHEN THIS METRIC REACHES 4%, ANALYST EXPLAINS
https://www.newsbtc.com/wp-content/uploads/2024/12/BTC-supply-in-loss.png?resize=2545%2C1138
✍️ A CryptoQuant analysis highlights a key BTC metric that can help investors craft an exit strategy, as the cryptocurrency fluctuates around the $100,000 price level.
👉 The Bitcoin supply in loss metric measures the percentage of BTC held at a loss based on its last moved price. 👉 A low percentage typically indicates peak market euphoria and serves as a warning to secure profits before a bear market correction begins. 👉 When the BTC supply in loss drops below 4%, it signals a good time for investors to consider dollar-cost averaging out of their BTC holdings and wait for the next bear market lows.
-- #OnchainEdge #AliMartinez #PaulManafort #TomDunleavy #AbuDhabi #world
Loading quoted post…

