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Bitcoin's key on-chain metric signals cycle bottom as investors realize losses amid correction.

Technical Signals
29 Jun 2026
Bitcoin
View Source
Neutral
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A key on-chain bitcoin metric, the UTXO Block Profit/Loss Count Ratio, has triggered again, indicating that investors are realizing losses at a pace not seen earlier in the current correction. This signal, which has marked every bitcoin cycle bottom since 2016, shows a rise in loss-driven transactions and suggests investor capitulation is underway. Historically, such readings have preceded market recoveries after major drawdowns. This pattern implies that the current phase may be the start of a broader capitulation process, typically unfolding over extended periods as more investors exit positions.

More News (BTC)

Cryptocurrency prices show mixed movements with Bitcoin above $60K and notable gains in altcoins like SOL and HYPE.

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Cryptocurrency markets display varied price changes, with Bitcoin trading above $60,000 and Ethereum around $1,600. Several altcoins such as Solana (SOL) and HYPE have seen significant gains, rising over 6% and 8% respectively. Stablecoins remain ste...

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Market News
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9 hours ago
Bitcoin trades near $60,000, down 52% from peak, with uncertain outlook between a bottom or further drop to $55,000.

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Bitcoin is trading around $60,000 as of June 2026, down about 52% from its all-time high near $126,000 reached late last year. The market is divided on whether this level marks a bottom supported by extreme fear, oversold momentum, and strong institu...

Market News
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Bitcoin dips below $59K amid record ETF outflows and extreme market fear

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Market News
Bearish
13 hours ago
Cryptocurrency prices show mixed movements with Bitcoin down 1.19% and Solana up 2.10%.

Cryptocurrency prices show mixed movements with Bitcoin down 1.19% and Solana up 2.10%.

Cryptocurrency markets experienced varied price changes, with Bitcoin falling 1.19% to $59,249 and Ethereum down 0.91% to $1,565.80. Meanwhile, Solana gained 2.10%, indicating selective strength in the market. These fluctuations reflect ongoing volat...

Market News
Neutral
14 hours ago
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