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The Bitcoin Market’s Return to Profitability in 2023 is a Massive BTC Bull Signal, Widely Followed On-chain Indicator Suggests

Bitcoin’s ferocious January price rally launched much of the market back into profitability for the first-time months. The Bitcoin market’s return to profitability is seen in the resurgence in the price, last at around $...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

The Bitcoin Market’s Return to Profitability in 2023 is a Massive BTC Bull Signal, Widely Followed On-chain Indicator Suggests
Bitcoin’s ferocious January price rally launched much of the market back into profitability for the first-time months. The Bitcoin market’s return to profitability is seen in the resurgence in the price, last at around $23,500, above the so-called “Realized Price”, which is the average BTC price at the time when each BTC token last moved....
Read More: The Bitcoin Market’s Return to Profitability in 2023 is a Massive BTC Bull Signal, Widely Followed On-chain Indicator Suggests

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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