A recent report says that the profit margin for short-term Bitcoin holders has reached zero
🔸 The price of Bitcoin rose again after a slight decrease. Now, according to the published report, the demand for Bitcoin remains positive.
The weekly report from crypto-chain analysis platform CryptoQuant showed that the price of Bitcoin may have reached its lowest point as its latest decline reduced its short-term profit margin to zero.
As short-holders' unrealized margin fell to 0 percent, some sold their holdings at a loss for the first time since October. Based on this statistic, CryptoQuant believes that a price increase may occur soon as the unrealized profit margin has reached zero, so now is the time for short-term investors to enter. / Source