Tag: 29454
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Bitcoin supply in profit rises to 83.6 percent as market momentum builds
With 83.6% of Bitcoin supply now profitable, this indicates strong holder confidence and reduced selling pressure, supporting continued upward price momentum in the market.
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Bitcoin supply in profit declines sharply amid market crash
The sharp decline in profitable Bitcoin supply indicates increased selling pressure and potential market capitulation, reflecting heightened volatility and investor uncertainty during price corrections.
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Glassnode reports over 95 percent of Bitcoin supply profitable above 117K
Glassnode data shows nearly all Bitcoin holders are profitable at current prices, indicating strong market confidence and reduced selling pressure from underwater positions.
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Bitcoin supply reaches 99 percent profitability level according to market data
With nearly all Bitcoin supply now profitable, this indicates strong holder conviction and reduced selling pressure, historically preceding extended bull market cycles in cryptocurrency.
