In today’s analysis, BeInCrypto takes a look at one of the better-known on-chain indicators for Bitcoin: Net Unrealized Profit/Loss (NUPL). Bitcoin (BTC) positive price action in the first weeks of 20...
Tag: NUPL
Bitcoin: PnL index and NUPL metric suggest that BTC bottom is…
The PnL and NUPL metrics position suggested a possible further decline for Bitcoin in 2023. Investors taking long positions on BTC were currently dominant. Several forecasts have been made about ‘when...
Quant Explains How Bitcoin NUPL Cycles Are Getting Less Volatile With Time
Bitcoin NUPL data suggests that the crypto’s cycles are getting less sharper with time as profit tops and loss bottoms aren’t following a horizontal line. Bitcoin NUPL Didn’t Exceed The 0.75 “Greed” M...
NUPL Crosses Back Into Positive
We look at on-chain indicators for Bitcoin (BTC), more specifically the Net Realized Profit/Loss (NUPL) indicator. This is done in order to determine if BTC has initiated a bullish reversal or if the ...
Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?
On-chain data shows the Bitcoin NUPL metric is back to a positive value, suggesting the market as a whole is back in profit. Bitcoin NUPL Latest Trend Could Signal The Bottom Is Already In As pointed ...
Bitcoin (BTC) on-Chain Analysis: Net Unrealized Profit/Loss (NUPL) Becomes Negative for the First Time Since March 2020
Be[in]Crypto looks at on-chain indicators for Bitcoin (BTC), more specifically the Net Realized Profit/Loss (NUPL) indicator. This is done in order to determine if BTC has reached a bottom or if it is...
Bitcoin NUPL Touches Lows Not Seen Since COVID Crash, Rebound Soon?
On-chain data shows the Bitcoin NUPL metric has now declined to lows not seen since the COVID-19 crash back in 2020. Bitcoin Net Unrealized Profit And Loss Plunged Down Recently As explained by an ana...
Net Realized Profit/Loss (NUPL) Indicator Signals Bearish Trend With Decrease Below 0.25
Be[in]Crypto looks at on-chain indicators for Bitcoin (BTC), more specifically the Net Realized Profit/Loss (NUPL) indicator. This is done in order to determine if the ongoing correction marks the bot...
Bitcoin (BTC) on-Chain Analysis: NUPL Remains Bearish
Be[in]Crypto looks at on-chain indicators for Bitcoin (BTC), more specifically the Net Realized Profit/Loss (NUPL) indicator. This is done in order to draw parallels to previous market cycles and atte...
Bitcoin NUPL Suggests Bear Market Yet To Hit In Full Swing
On-chain data shows the Bitcoin NUPL metric currently has values that would suggest the bear market is yet to hit in full swing, if the coin is in one. Bitcoin NUPL Value Still Not As Low As Previous ...
Bitcoin NUPL Indicator Flashes Bearish Signal that Preceded Previous Corrections — BTC On-Chain Analysis
BeInCrypto analyzes the Bitcoin Net Unrealized Profit Loss (NUPL) indicator in order to determine the magnitude of the current BTC supply that is in profit and loss. NUPL NUPL is an on-chain indicator...
Quant Explains How Bitcoin NUPL Can Help Predict Bull Cycles
A quant breaks down how the Bitcoin NUPL indicator may be able to predict the beginning of a new bull run based on past pattern. How The Bitcoin NUPL Metric May Predict The Start Of Bull Run As explai...
NUPL Shows Signs of Bearish Trend- Bitcoin (BTC) On Chain Analysis
BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Market Value To Realized Value (MVRV) and Net Unrealized Profit Loss (NUPL) MVRV Z-score MVRV is defined as the ...
Bitcoin NUPL Metric Signals Start Of Early Bear Period
Bitcoin NUPL indicator has sharply dropped in value recently, a trend that may signal the start of the early bear market period. After The Crash, Bitcoin NUPL Value Has Declined To 32.5% According to ...