📉 Bitcoin Supply in Profit: A Critical Warning Level
#bitcoin #onchaindata
Historically, when Bitcoin Supply in Profit drops below 70% and fails to reclaim 80%, it has often signaled continued downside — and in many cycles, a confirmation of a bear market phase.
📊 Why this metric matters:
• Measures the % of BTC holders sitting in profit
• Reflects network-wide sentiment and holder stress
• Sustained weakness = reduced bid support
When most holders are underwater:
👉 Rallies face selling pressure
👉 Conviction weakens
👉 Volatility expands
⚠️ Key level to watch:
Below 70% → risk increases
Above 80% → bullish structure rebuilds
💡 Takeaway:
This isn’t a timing tool — it’s a regime indicator.
Markets don’t flip instantly, but when this metric stays suppressed, history says caution is warranted.
👀 Let’s monitor closely.
#mmszcryptominingcommunity #BitcoinAnalysis #SouthKoreaSeizedBTCLoss