Bitcoin on-chain metrics are looking stronger following a rally that has lasted almost three weeks. Furthermore, price levels are now back above a number of key technical indicators , but it may be too early to call a full bull market reversal.
On Jan. 27, renowned analyst ‘PlanB’ reported that Bitcoin realized return had turned positive again. Sellers are now taking profit instead of cutting losses, he noted.
Realized return is the amount of actual gains made on an asset’s value over a specific period of time.
Realized return just popped positive! Sellers are now taking profit (green) instead of cutting losses (blue) .. big difference
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