Bitcoin Enters a New Capitulation Phase
Bitcoin is showing signs of growing market pressure.
The percentage of $BTC currently in profit has fallen to 51.4%, its lowest level in more than three years. This means roughly 48.6% of Bitcoin is now held at an unrealized loss.
CryptoQuant analysts point out that when this metric falls below 55%, it has historically appeared during periods of capitulation and accumulation.
A similar situation was seen in early 2023, when Bitcoin was trading around $16,000–$20,000.
But there is one important point:
Trying to predict the exact bottom can be a mistake.
The market may already be entering an accumulation phase, but that process can take much longer than investors expect.
The key is not to guess the perfect bottom, but to understand the market cycle and manage risk accordingly.
Bitcoin is showing signs of growing market pressure.
The percentage of $BTC currently in profit has fallen to 51.4%, its lowest level in more than three years. This means roughly 48.6% of Bitcoin is now held at an unrealized loss.
CryptoQuant analysts point out that when this metric falls below 55%, it has historically appeared during periods of capitulation and accumulation.
A similar situation was seen in early 2023, when Bitcoin was trading around $16,000–$20,000.
But there is one important point:
Trying to predict the exact bottom can be a mistake.
The market may already be entering an accumulation phase, but that process can take much longer than investors expect.
The key is not to guess the perfect bottom, but to understand the market cycle and manage risk accordingly.