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VanEck Research Director: Bitcoin's Net Unrealized Gains and Losses About to Break Through 0.5 is a Key Sentiment Shift

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2024-07-15 12:29:08
Matt Sigel, head of digital asset research at VanEck, said in a social media post that Bitcoin's net unrealized profit/loss (NUPL) is about to break through 0.5, a key sentiment shift.
When this last happened on February 8, Bitcoin rose from $45,000 to $73,000 (+ 62%) in 34 days.
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