An exchange: Bitcoin profit and loss structure shows bottom signals, a bottoming window may appear in the next 2-3 months
Foresight News reports that, according to a market analysis published by an exchange, approximately 10.83 million Bitcoin are currently in a loss, while more than 9.22 million are in profit. This phenomenon has historically occurred on the eve of bear market bottoms; however, as the market is experiencing a downward trend in higher time frames and ranging in lower time frames, it is still premature to predict a macro bottom. This reversal indicates a potential bottoming within the next 2–3 months. More importantly, it is necessary to continuously reclaim key levels—such as the actual market average currently at $71,500—to confirm that a macro bottom has formed.
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.
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