Bitcoin UTXO Profit/Loss Ratio Sits Below Critical Levels – How Long Until BTC Overheats?

Description

Bitcoin is on the verge of entering uncharted territory after briefly tagging the $108,000 level earlier today. The flagship cryptocurrency has surged more than 40% since early April, fueled by rising market optimism and institutional demand. However, price is showing hesitation near the all-time high (ATH), now consolidating around $106,000. This key level is acting as both resistance and a psychological barrier, creating mixed sentiment across the market. While many analysts remain bullish, ca...