$BTC

BTC enters a bullish zone, but analysts warn of the possibility of a correction

The profitable supply of BTC measures the percentage of holders who purchased their assets at prices lower than the current market value. When this number increases, it indicates widespread investor confidence and strong capital inflow into this asset.

In a recent report, anonymous CryptoQuant analyst Darkfost discovered that over 85% of the circulating supply of BTC is currently profitable. Although this trend represents a bullish signal, it comes with a condition.