Analysis: Most investors who bought BTC in last 2 years are at a loss

According to on-chain data, the majority of investors who purchased Bitcoin within the last two years are currently at a loss. On-chain analyst Crypto Dan noted that in investment markets, a sharp decline often follows when most people see significant profits, while a bull market frequently starts in the opposite scenario. He added that if the price of Bitcoin falls below $60,000, most investors will be at a loss. However, Dan suggested that this could be an opportunity for investors to be aggressive, concluding that it is crucial for individuals to establish their own clear criteria in such a market, as those without a defined strategy will hesitate to act.