VanEck Research Director: Bitcoin's net unrealized profit and loss is about to break through 0.5, which is a key sentiment shift
Matt Sigel, the head of digital asset research at VanEck, posted on social media stating that Bitcoin's net unrealized profit/loss (NUPL) is about to break through 0.5, which is a key emotional turning point. When this happened last on February 8th, Bitcoin rose from $45,000 to $73,000 (+62%) over a period of 34 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget adjusts the maximum leverage for spot cross margin trading to 5x
Bitget adjusts the maximum leverage for spot cross margin trading to 5x
Bitget adjusts the collateral ratios for cross spot margin trading pairs
MONUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More
