Bitcoin’s Bottom May Be Near | Bitcoin and Crypto News
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Bitcoin’s Bottom May Be Near | Bitcoin and Crypto News
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Bitcoin’s realized profit and loss ratio just hit a 37-month low, signaling a potential market bottom and setting the stage for a rebound. After plunging 50% from its peak, Bitcoin’s recent uptick and corporate-driven dips have sparked renewed buying interest. Experts say the coin is trading just 16% above its average cost basis — a historically bullish level — suggesting a major rally could be just around the corner. It’s time to buy when others are selling, before prices climb again.
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