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Mehdimp
@mraltcoiner
Bitcoin is nearing a bull run! New data shows that more than 99% of Bitcoin’s unspent outstanding (UTXO) is in profit. This level, considered a critical threshold in the market, is usually associated with periods of bull run and strong uptrends. - On the other hand, a decline in this indicator can lead to a decrease in unrealized profits and increased selling pressure from investors. This situation usually leads to selling by new investors.
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