CryptoQuant analyst: Bitcoin's actual profit and loss ratio remains near the average level
according to CryptoQuant analyst @AxelAdlerJr, although Bitcoin (BTC) has risen to an all-time high (ATH), the actual profit-loss ratio is still maintained near the average level. In this case, compared to the peak profit-loss ratio in the past and when the market was overheated, the risk of a significant trend reversal has significantly decreased.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Stock Futures Rush (phase 9): Trade popular stock futures and share $240,000 in equivalent tokenized shares. Each user can get up to $5000 META.
Trending news
MoreCrypto prices
More
