🔍 #Bitcoin Is Not Done Yet – NUPL Says There's More Room to Run! 🚀



#BTC# NUPL accurately identified both the Cycle Top in Nov 2021 🔺 and the Cycle Bottom in Nov 2022 🔻 — proving itself as one of the most reliable on-chain indicators.

As of now, we haven't crossed the cycle top threshold, and while the gap is narrowing... historically, this is where the most explosive gains begin. 💥

📊 The current NUPL reading suggests we're in a late-stage mid-cycle phase — momentum is building, and there's significant upside potential ahead.

📈 Technicals remain bullish. Sentiment remains cautious. But data doesn’t lie.

#OnChainData # TechnicalAnalysis #BullRun
BTC1.17%
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