News with the tag "Bitcoin supply in profit"

Bitcoin continues to face massive selling pressure, with its price dropping below the $84,000 mark, marking a 15% decline since the start of March. This downturn has fueled panic selling and rising fear, with many investors now speculating whether Bitcoin is entering a bear market. The recent declin...

Bitcoin has plunged below the $80K level, setting fresh lows and sparking fear across the market. The recent downturn has erased over 18% of BTC’s value since last Sunday, leaving investor sentiment at extremely fearful levels. This sell-off has led to concerns about whether the bull market is comin...

As Bitcoin’s price continues to rise, 90% of its total supply is currently in profit , according to crypto analyst Axel Adler Jr . . Highlighting this significant milestone on X, Adler suggested that the market is showing signs of a bullish trend , similar to the trajectory seen during Bitcoin’s 201...

Bitcoin is on the verge of a historic breakout, consolidating just below the highly anticipated $100K mark. After surging over 8% since the start of the year, the leading cryptocurrency has captured the attention of investors and analysts alike. While the market remains cautiously optimistic, all ey...

Bitcoin has remained above $60,000 for the past two weeks, holding strong as the broader crypto market bulges. This steady performance is fueling optimism among traders and investors alike. According to key data from CryptoQuant, short-term holders are now selling for profit, leading to a notable de...

On-chain data shows the Bitcoin Supply in Profit indicator has been forming a pattern recently that could put the bull run into jeopardy. Bitcoin Supply In Profit Has Seen Multiple Dips Into “Transition” Zone Recently As an analyst in a CryptoQuant Quicktake post explained, the recent “Supply in Pro...

On-chain data shows the Bitcoin Supply in Profit has taken a significant hit following the crash the cryptocurrency has seen recently. Bitcoin Supply In Profit Dropped To Around 81% During The Crash As explained by an analyst in a CryptoQuant Quicktake post, the latest drawdown in the cryptocurrency...

On-chain data shows Bitcoin has been going through a “euphoria wave” for two months. Here’s how long it was in this phase during the last bull run. Bitcoin Has Been In Euphoria Wave Phase According To Supply In Profit According to the latest weekly report from the on-chain analytics firm Glassnode, ...

On-chain data shows the Bitcoin supply in profit has plunged following the latest crash in the asset’s price towards the $65,000 level. Bitcoin Supply In Profit Is Now Down To Around 90% As analyst James Van Straten pointed out in a post on X, around 10% of the BTC supply is now in a state of loss. ...

On-chain data shows the Bitcoin supply in profit has reached levels that led to some tops in the past, like the peak of the April 2019 rally. Bitcoin Supply In Profit Has Shot Up Following BTC’s Latest Run As pointed out by an analyst in a CryptoQuant Quicktake post, Bitcoin supply in profit has hit...