🥀🥀Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone🥀🥀

🥀Bitcoin’s high profitability signals a possible correction in the short term amid increasing calls for $200,00 BTC price later in 2025🥀.

🌹Key takeaways:

🥀Bitcoin's 98% supply in profit signals bullish sentiment but warns of volatility and potential price corrections🥀

🥀Analysts predict BTC could hit $200,000 by 2025, but sustained demand is key.🥀

🥀BTC$109,238 price predictions of $200,000 by the end of 2025 are becoming increasingly common, as a surge in profitability not only signals growing bullishness but also risk of a correction in the shorter term.🥀

🌹Bitcoin supply in profit soars to 98%

🥀BTC supply in profit rose sharply to 98% from 87% between June 22 and Sunday, according to onchain data resource Glassnode. As of Tuesday, about 96.7% of all Bitcoin were in profit, sitting above the high band as shown in the chart below.🥀

🥀Historically, such elevated levels lead to market volatility as the potential for profit-taking grows, reflecting bullish sentiment amid caution for price corrections.🥀🌹🏄🗾🗾🗾🗾⏩⏩⏩⏩⏩⏩⏩🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾🗾#BTC #BTC200k #btcanlaysis #BTCpredictions #BTCReclaims110K 🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚🦚$BTC