▼ Bearish
BTC supply in profit has dropped to 51.4%, marking a three-year low, with 48.6% of coins currently at a loss.
According to CryptoQuant, levels below 55% historically indicate capitulation and reaccumulation, a trend last observed in early 2023 when BTC traded between $16,000 and $20,000.
Analysts caution that timing the market bottom may be challenging, as the accumulation phase could last longer than anticipated.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.