#NewHighOfProfitableBTCWallets 🚀 #NewHighOfProfitableBTCWallets

Bitcoin just hit another milestone – the number of profitable BTC wallets has reached a new high! 📈🔥

This means that the majority of Bitcoin holders are now sitting on gains, as the price continues to stay above their average acquisition cost. A surge in profitable wallets is often seen as a sign of strong network health and growing investor confidence.

✅ Why this matters:

Investor Sentiment: When more wallets are in profit, market optimism usually increases, fueling further adoption.

Long-Term Strength: It shows that Bitcoin is maintaining higher lows over cycles, reinforcing its role as a store of value.

Market Dynamics: A large percentage of profitable holders may lead to selling pressure at resistance zones, but it also reflects reduced capitulation risk compared to bear markets.

📊 On-chain data reveals that this trend is aligned with Bitcoin’s current momentum, suggesting robust demand and holding conviction among investors.

With more wallets than ever in profit, the market could be gearing up for even bigger moves. 🚀💎

Do you think this bullish signal will drive Bitcoin to new all-time highs soon? 👀👇