bitcoinsentiments
34 views
3 Discussing
Hot
Latest
🚨 Market sentiment towards Bitcoin has changed!
The latest update from Looknode on X indicates a clear shift in investor sentiment towards Bitcoin. The NUPL index, which measures unrealized profits and losses compared to the current market value, presents an interesting picture.
🔹 What’s happening?
The NUPL index has returned to a level similar to what it was three years ago, at the beginning of the last bullish cycle.
Unrealized profits are shrinking rapidly, pushing investors from a state of greed to caution and fear.
The current atmosphere reflects a sentiment similar to what we experienced at the onset of the previous bull market.
💡 What does this mean for you?
Taking time is important before making any moves.
Monitoring the market with a keen eye helps you seize smart opportunities.
The market is changing rapidly, and opportunities often come with caution.
📊 Key points:
NUPL = A mirror of market sentiment
Declining unrealized profits = Change in investor psychology
History repeats itself in one way or another.
💬 Do you feel that Bitcoin is about to rise again, or is caution the solution now? Share your thoughts 👇
$BTC
#Bitcoin #CryptoMarket #NUPL #BitcoinSentiments #CryptoTrends
The latest update from Looknode on X indicates a clear shift in investor sentiment towards Bitcoin. The NUPL index, which measures unrealized profits and losses compared to the current market value, presents an interesting picture.
🔹 What’s happening?
The NUPL index has returned to a level similar to what it was three years ago, at the beginning of the last bullish cycle.
Unrealized profits are shrinking rapidly, pushing investors from a state of greed to caution and fear.
The current atmosphere reflects a sentiment similar to what we experienced at the onset of the previous bull market.
💡 What does this mean for you?
Taking time is important before making any moves.
Monitoring the market with a keen eye helps you seize smart opportunities.
The market is changing rapidly, and opportunities often come with caution.
📊 Key points:
NUPL = A mirror of market sentiment
Declining unrealized profits = Change in investor psychology
History repeats itself in one way or another.
💬 Do you feel that Bitcoin is about to rise again, or is caution the solution now? Share your thoughts 👇
$BTC
#Bitcoin #CryptoMarket #NUPL #BitcoinSentiments #CryptoTrends
Bitcoin has become the world's fifth-largest asset, overtaking Amazon by market capitalization.
$BTC
Bitcoin price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported.
These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon's $2.3 trillion, Silver's $2.2 trillion and Alphabet's (Google) $2.19 trillion, data shows.
This means Bitcoin's market cap was only $730 million shy of tech giant Apple, at the time of writing.
#Write2Earn #MarketUpdate #BitcoinSentiments
$BTC
Bitcoin price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported.
These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon's $2.3 trillion, Silver's $2.2 trillion and Alphabet's (Google) $2.19 trillion, data shows.
This means Bitcoin's market cap was only $730 million shy of tech giant Apple, at the time of writing.
#Write2Earn #MarketUpdate #BitcoinSentiments
Login to explore more contents