sfinance
Large Unrealized Losses
Unrealized losses reached a very large value. We see that more and more investors are losing money and holding losing positions. The amount of unrealized losses is already larger than it was during the 2020 bottom, but still less than it was during the 2018 bottom. When the size of unrealized losses rises, this is a sure sign that the bottom of a bearish cycle is coming. Therefore, we can now say with confidence that the price of bitcoin has approached its bottom.