Take a look at the BTC supply in profit 🤔

in H4LAB Research • last year

1000011818.jpg

Source: planb @100trillionUSD on X(Previously, Twitter)

The ratio of BTC holders in profit expresses color in the chart. In the beginning of bullish markets, red turns out, which means the ratio of BTC holders in profit is more than 95%.

As you can see, bullish markets usually end within 1 ~ 1.5 years. If this bullish market started, it will finish within Q2 2025.

Anyways, I'm pleased to see the red again, and I'm sure this year will be better than last year 🤣

#btc #bitcoin #planb
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     last year 

    This comment is for rewarding my analysis activities. Upvoting will be proceeded by @h4lab

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     last year 

    "Interesting analysis! Watching the BTC supply dynamics offers unique insights into market sentiment. Always valuable to consider diverse perspectives."

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       last year 

      Your analysis confirms my research with the recent pick up in price of BTC. I'm already in gains leveraging on the good dynamics of futures trading product of Bitget platform.