CryptoQuant has reported that Bitcoinβs realized profit and loss ratio has dropped to a 43-month low of -0.35, a level that has historically appeared near major market bottoms. According to blockchain analytics platform CryptoQuant, Bitcoinβs realized profit and loss ratioβ¦
In 2011, $2.7 billion of inflows sent Bitcoin up more than 55,000%. This cycle, $697 billion produced 689%. A leading analyst says the math has changed so much that the next parabolic run needs a trillion dollars. Here is theβ¦