• Bitcoin posted losses measuring 14% within the past six days.
• The NUPL usually does not stay above +0.6 for a prolonged period.

Bitcoin [BTC] recorded losses amounting to 7.2% in ten hours before press time. The BTC pullback was live, as AMBCrypto reported earlier. However, the $64.8k support region did not halt the bearish advance.

An analyst posted on CryptoQuant’s Insights page about how the current Bitcoin uptrend could be nearing its end. They explored the NUPL metric and what it could mean for BTC investors.