Bitcoin Keeps Rebounding—But Is Momentum Really Turning Bullish?
The post Bitcoin Keeps Rebounding—But Is Momentum Really Turning Bullish? appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin has seen yet another bounce in the past day, adding to the recent series of rebounds. Here’s what on-chain data says regarding if BTC is going anywhere with them. Bitcoin Realized Profit/Loss Ratio Could Shed Light On Broader Dynamics In its latest weekly report, the on-chain analytics firm Glassnode has discussed about the recent trend in the Realized Profit/Loss Ratio for Bitcoin, which is an indicator that can be useful to study how investors are reacting to price volatility. Related Reading The metric measures, as its name already suggests, the ratio between the amount of profit and that of loss being realized by the holders or addresses as a whole. The indicator works by looking at the transaction history of each coin being sold on the network to find what price it was transferred at prior to this sale. If this previous selling value is less than the latest spot price for any token, then the metric includes it under the profit volume. The total profit realized in the sale of the coin is assumed to be equal to the difference between the two prices. The indicator calculates this value for all coins belonging to the profit volume and takes a total sum to determine the scale of profit realization happening across the blockchain. Similarly, the Realized Profit/Loss Ratio also finds the total amount of loss being realized by referring to the sales of the coins of the…
Filed under: News - @ April 4, 2025 11:23 pm