CryptoQuant: Bitcoin trades near cycle bottom as digital gold narrative resurges

🚨 Bitcoin's aNUPL metric signals a potential macro bottom near as its price drops 50% from peak. 💡 Long-term holders are now facing bigger losses than the broader $BTC market. 🟡 Bitcoin's 90-day correlation with gold jumps from -0.9 to +0.7, echoing the digital gold narrative. 📈 Bitcoin is trading at $63,362, down 2% on the week and nearly half from its all-time high. Continue Reading:CryptoQuant: Bitcoin trades near cycle bottom as digital gold narrative resurges The post CryptoQuant: Bitcoin trades near cycle bottom as digital gold narrative resurges appeared first on COINTURK NEWS.