🚨🚨🔥 74% OF $BTC SUPPLY IS IN PROFIT — NOW THE SELLING PRESSURE MATTERS. 👀📊
Glassnode’s latest data shows Bitcoin’s supply in profit approaching 74%, while short-term-holder gains are also stretched well above historical ranges.
That matters because profitable holders have more room to take profits into strength.
Glassnode is also watching realized profit-taking and short-term-holder selling closely. But profitability alone doesn’t confirm that Bitcoin is near a top.
So I’m watching three things:
📊 Supply in profit
💰 Realized profit-taking
👀 Short-term holder selling
If selling stays controlled, buyers may continue absorbing the available supply. If profit-taking accelerates, the setup could change quickly.
🔥 NOW THE REAL QUESTION: WITH 74% OF $BTC IN PROFIT, DO BUYERS ABSORB THE SELLING — OR DO PROFIT-TAKERS FINALLY TAKE CONTROL? 👀📈📉
🟢 BUYERS ABSORB → NEXT LEG UP 🚀
🔴 SELLERS TAKE OVER → PULLBACK 📉
🟡 BOTH FIGHT → MORE CHOP ⚡
🗳️ VOTE NOW: WHO MAKES THE NEXT BIG MOVE — BUYERS OR PROFIT-TAKERS? 👇
Glassnode’s latest data shows Bitcoin’s supply in profit approaching 74%, while short-term-holder gains are also stretched well above historical ranges.
That matters because profitable holders have more room to take profits into strength.
Glassnode is also watching realized profit-taking and short-term-holder selling closely. But profitability alone doesn’t confirm that Bitcoin is near a top.
So I’m watching three things:
📊 Supply in profit
💰 Realized profit-taking
👀 Short-term holder selling
If selling stays controlled, buyers may continue absorbing the available supply. If profit-taking accelerates, the setup could change quickly.
🔥 NOW THE REAL QUESTION: WITH 74% OF $BTC IN PROFIT, DO BUYERS ABSORB THE SELLING — OR DO PROFIT-TAKERS FINALLY TAKE CONTROL? 👀📈📉
🟢 BUYERS ABSORB → NEXT LEG UP 🚀
🔴 SELLERS TAKE OVER → PULLBACK 📉
🟡 BOTH FIGHT → MORE CHOP ⚡
🗳️ VOTE NOW: WHO MAKES THE NEXT BIG MOVE — BUYERS OR PROFIT-TAKERS? 👇