#Bitcoin UTXOs in Loss: Sign of a Local Bottom?

👀Every time we see UTXOs in loss hitting these elevated levels, it tends to coincide with local bottoms, especially within a broader bull market. 

📝Think of it as capitulation – holders realizing losses as the market shakes out weak hands.

💡With 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.