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abhay
Aug 2

Is It The Last Chance To Buy Bitcoin At The Bottom? - OnChain Weekly August 1

Relief Rallies, Bull Traps, we are used to these terms, especially in a bear market. When the bullish momentum and the bearish activity fade together, we get confirmations of organic price discovery. An onchain indicator signals the local bottom was $18.5k. Is it the last chance to buy BTC near the bottom?Net Unrealized Profit (NUP)Net Unrealized Profit (NUP) is a crucial real-time on-chain indicator that tracks the relative valuation of any asset. Mathematically, it is the relative change of...
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