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Bitcoin approaches cycle bottom as majority of supply held at a loss, K33 reports · Cyprus Report

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Bitcoin approaches cycle bottom as majority of supply held at a loss, K33 reports

1 sourceFirst reported 14 days agoUpdated 14 days ago

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Bitcoin is nearing a cycle bottom as over 50% of its circulating supply is currently held at a loss, according to K33. K33 noted that Bitcoin has historically seen its lowest points within weeks when this condition is met. The report indicates that previous cycles following such a scenario have often led to strong returns over the next year.

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Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33Cointelegraph · 14 days ago

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AI summary: catch up in 20 seconds

Bitcoin is nearing a cycle bottom as over 50% of its circulating supply is currently held at a loss, according to K33. K33 noted that Bitcoin has historically seen its lowest points within weeks when this condition is met. The report indicates that previous cycles following such a scenario have often led to strong returns over the next year.

Generated by AI from the 1 sources below · always verify with the originals