What is Nostr?
MrDecentralize
npub1aqp…920p
2024-12-16 20:52:02

MrDecentralize on Nostr: The Realized Profit Ratio suggests this #Bitcoin cycle is still in its growth phase. ...

The Realized Profit Ratio suggests this #Bitcoin cycle is still in its growth phase.

Historically, whales begin selling and taking profits as the market approaches its all-time high (ATH). However, current data indicates that whales are holding steady, implying confidence that the ATH for this cycle has not yet been reached.

This behavior may signal further upside potential before the cycle tops out, offering a compelling narrative for long-term investors to watch closely.
Author Public Key
npub1aqplqyndpfjfsm3tccf2dufgrdats3z92xmdska4cwfjet64wkgqmm920p