๐๐ BTC On-Chain Losses Ribbon signifies a smooth bullish trend, says CryptoQuant's BaroVirtual. A sharp downward shift in the ribbon could imply a steady continuation of the bullish trend. The ribbon's sharp decline in February 2023 hints at BTC's bottom, without current threats to the bullish momentum. ๐๐น #BTC #OnChainAnalysis #BullishTrend #CryptoTrends #MarketInsights