VanEck Research Director: The imminent breakthrough of Bitcoin's net unrealized profit/loss to 0.5 is a key emotional shift
ChainCatcher news, Matt Sigel, Director of Digital Asset Research at VanEck, posted on social media saying, "Bitcoin's Net Unrealized Profit/Loss (NUPL) is about to break through 0.5, which is a key sentiment shift. The last time this happened was on February 8th when Bitcoin rose from $45,000 to $73,000 (+62%) in just 34 days."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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