👀👀Bitcoin Investors are in the 18 Percent Range: What Does This Rare Profit Signify? 👀👀
According to the latest data, the profitability rate of Bitcoin (BTC) investors is in a very rare zone and remarkable comments were made from the analysis platform.
According to the analysis provided by Glassnode, the Unrealized Profit/Loss Ratio of Bitcoin investors was recorded as a surprising 8.2. This shows that investors' potential gains are 8.2 times greater than their potential losses.
The 8.2 ratio in question shows that Bitcoin has reached a higher value in just 18% of past trading days. These high values generally coincided with times when the market was in an extreme uptrend, that is, they were seen during the enthusiastic periods of bull markets.
The Bitcoin chart shows the Bitcoin price represented by the black line and the unrealized profit/loss ratio represented by the orange line in the image provided by Glassnode. This chart highlights that the current rate of 8.2 is a historically rare value.
Additionally, the blue shaded areas indicate that these high rates were observed in 18% of Bitcoin's past trading days. These periods represent periods of time when the market is overly optimistic and investors make huge gains.
My dear friends, do not hesitate to give your free support. I am trying to bring such news to you instantly. My only request from you is that if there is anyone who does not follow me yet, I would be happy if they follow me. Do not forget to like my articles and posts. Thank you.
