#Bitcoin UTXOs in Loss: Sign of a Local Bottom?
đEvery time we see UTXOs in loss hitting these elevated levels, it tends to coincide with local bottoms, especially within a broader bull market.Â
đThink of it as capitulation â holders realizing losses as the market shakes out weak hands.
đĄWith such spikes in loss, the market often shifts toward recovery. Historically, this kind of behavior signals the tail end of corrections, and we might just be gearing up for the next leg up.