Analysts detect signs of a possible local bottom for $BTC

The unrealized profit index (NUP) of $BTC has dropped to 0.476, a level that in the past coincided with the formation of local lows.

According to CryptoQuant data, this could indicate that selling pressure is decreasing and that the market is getting ready for a recovery.

Experts note that in previous cycles, similar NUP values appeared just before price increases, so the current figures are raising expectations of a possible rebound in December.