Bitcoin profit and loss ratio falls to 43-month low
CoinTelegraph·
60-second summary
Bitcoin profit and loss ratio falls to a 43-month low, with investors increasingly holding onto their coins. Bitwise chief investment officer Matt Hougan believes the bottom is closer than ever, while a Swan Bitcoin analyst advises buying now at a discount to avoid overpaying later, indicating a potential buying opportunity for investors in the market.
Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later.