One of Both Investors is in Loss! Bottom Signal for Bitcoin?

Bitcoin (BTC) and cryptocurrencies The bear market fell heavily.

Investors with money in crypto have undoubtedly been affected by these declines. For BTC and altcoinThe declines in stock prices caused investors to make huge losses.

BTC Stating that 50% of its investors are currently in loss, CryptoQuant analyst eth_whalehunter commented on this situation.

Saying that this is a good sign, CryptoQuant analyst said, crypto- He claimed it was a signal that the market was nearing the bottom.

Stating that the loss percentage of BTC investors between 40% and 50% is a good range to save, the analyst said that the range between 50% and 60% is even better in the long run:

“50% of current BTC investors are at a loss. What does it mean?

The higher the loss percentage, the closer we are to the bottom. Buying small amounts of BTC between 48% and 60% will be incredibly profitable in the long run.”

bitcoin Referring to how much the loss percentage can rise, CryptoQuant analyst stated that the highest BTC loss percentage in 2018 and 2029 is 60%.

“I am not saying that the BTC loss percentage cannot go any higher, but these are good odds.

I will issue a warning when the BTC loss percentage exceeds 55%.”

50% of the current BTC holders are at a loss.

What does that mean for you?

➡️ The higher the loss percentage, the closer we are to the bottom. Buying small amounts of BTC between 48% and 60% will be incredibly profitable in the long run. pic.twitter.com/wdJ1k73Ngr

— whalehunter (@eth_whalehunter) October 11, 2022