Possible bottom or not for BTC..

Possible-bottom-or-not-for-BTC

Much is said about a possible bottom or not. Historically the Net Unrealized Loss (NUL) has indicated a possible bottom. If we analyze the chart we can identify possible bottom when the value of NUL > 0.5 and corrections with NUL < 0.5. Therefore, according to the NUL we are in the correction phase (possible downtrend). I think we still need more important drops to see an exponential increase in the NUL (> 0.5) and identify a possible bottom.