Bitcoin's Net Supply Ratio has entered negative territory for the past week, reaching -0.075, according to CryptoQuant analyst Darkfost. This development has triggered a buy signal, suggesting a potential accumulation phase. The Net Supply Ratio, which assesses the profit or loss status of Unspent Transaction Outputs (UTXO), indicates that selling pressure may be waning, potentially marking the exhaustion of recent market sell-offs.
Bitcoin Net Supply Ratio Turns Negative, Signals Potential Buy Opportunity
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