The amount of BTC coins in profit has again increased to optimistic values.
The share of Bitcoin (BTC) supply in profit is growing again and currently stands at approximately 83.6%. This metric reflects the percentage of coins valued above their last price move. An increase in this value typically indicates a return to optimism among holders and the development of bullish momentum in the market. Analysts note that when the share of the supply in profit increases, investors are more likely to hold assets, anticipating a continuation of the bullish rally.
Historically, when BTC's share of profit reaches 85%–90%, the Bitcoin price continues to move in an expansion phase. This indicates a healthy market trend, with most participants confident in the potential for further growth. However, when the 95% mark is exceeded, the market often enters an overheating phase, followed by corrections. Such phases are accompanied by profit-taking and a temporary decline in prices.
Data from previous periods confirms this pattern. In April 2024, the share of profitable supply dropped to 76%, and in September of the same year, to 73%, coinciding with the end of the correction cycles. Following these declines, the market returned to growth, demonstrating resilience and a return to investor confidence.
Analysts emphasize that the current 83.6% level can be considered a favorable signal. It reflects participants' desire to continue holding coins, which is contributing to the restoration of upward momentum. However, it is important to monitor when the indicator approaches 95%. The current pattern of investor behavior indicates that the market is in the recovery phase after recent declines.
A moderate increase in the profitable supply creates conditions for a sustained rise in BTC prices without causing excessive selling pressure. Experts believe that monitoring this indicator could be a key tool for determining the strength and duration of Bitcoin's current growth cycle.
Source: cryptonews.net
