Bitcoinist
2022-12-29 15:20:09

Bitcoin Ends 2022 With 55% Of Supply In Loss, But Is It Enough For Bottom?

On-chain data shows Bitcoin is about to end 2022 with a peak supply in loss of 55%. Here’s how this value compares with previous bottoms. Around 55% Of Total Bitcoin Supply Has Been Underwater Recently As per CryptoQuant’s year-end dashboard release, this metric reached a value of 60% during previous bottoms. The “supply in loss”

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.