📈🚀 Bitcoin consolidates around $95,000 while 85% of its supply is in profit

Bitcoin (BTC) remains stable around $95,000, with more than 85% of its circulating supply in profit, indicating strong investor confidence and bullish trends.

This level of profit suggests that a large portion of holders acquired BTC at lower prices, which has historically preceded phases of euphoria in the market. However, analysts warn that this sentiment could lead to short-term corrections.

The high proportion of BTC in profit could attract new investors, but it also increases the possibility of profit-taking, which could generate volatility in the short term.

It is essential to monitor on-chain indicators and be attentive to possible signs of overbought conditions that could anticipate corrections in the market.

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