Bitcoin Bears May be Losing Ground: Is a Bull Run Coming?

Recent observations suggest that the bearish trend in Bitcoin’s price action, which began in mid-October, may be nearing an end. 📈 While concerns about the crypto market’s downturn persisted, Bitcoin (BTC) prices have shown signs of potential recovery. The key factors driving this possibility are two significant indicators: the Bitcoin Net Unrealized Profit/Loss (NUP) indicator and recent trends in Bitcoin ETFs.