Bitcoin NUPL Indicator Signals Potential Uptrend In a recent analysis, crypto analyst and CryptoQuant contributor Tugbachain highlighted that the Net Unrealized Profit/Loss (NUPL) for Bitcoin (BTC) is currently at 0.52. This metric suggests a possible uptrend, aligning with the current Bitcoin price chart. Historically, when NUPL ranges between 0.50 and 0.75, especially in post-halving periods,
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