#bitcoin Is Not Done Yet โ NUPL Says There's More Room to Run! ๐
โ $BTC NUPL accurately identified both the Cycle Top in Nov 2021 ๐บ and the Cycle Bottom in Nov 2022 ๐ปproving itself as one of the most reliable on-chain indicators.
As of now, we haven't crossed the cycle top threshold, and while the gap is narrowing... historically, this is where the most explosive gains begin.
