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Analyst: NUPL indicator shows bitcoin's rally will continue until the end of 2025

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2024-12-08 03:30:06
According to the long-term holder net unrealized profit/loss (NUPL) metric, Bitcoin has entered the euphoria phase.
Quinten François, co-founder of WeRate, wrote in an X post on December 7 that this could extend bitcoin's rally until the end of 2025: "Bitcoin is entering an excitement phase. There are at most 12 months before the peak of the cycle."
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