#BITCOIN: Only 56.96% Of Supply Is In Profit 👀 Are We Near A Bottom?*
*On-Chain Data: Bitcoin % Of Supply In Profit*
This chart tells a story every cycle 👇
*What The Data Shows*
- *Blue Line*: BTC Price
- *Orange Line*: % of Bitcoin supply that is currently in profit
- *Latest Value*: *56.96%* of all BTC is in profit
Look at history. Every major bottom happens when this % drops to *36% - 46%* range.
*Past Cycle Bottoms*
- *2012*: 43% → Bull run started
- *2015*: 36% → Bottom before 2017 bull run
- *2019*: 39% → Bottom before 2021 bull run
- *2022*: 45% → Bottom of last bear market
- *2026*: 46% ← We just tapped this zone again
Right now we’re at *56.96%*. We’ve already wicked down to the *46%* capitulation level this cycle.
*What This Means*
When less than 60% of supply is in profit, it means most weak hands have sold.
Pain is max. Fear is max. That’s historically where smart money starts accumulating.
We are not at 90-100% euphoria. We are in the "fear/accumulation" zone.
This doesn’t mean price pumps tomorrow. But historically, buying when 40-50% are underwater has been the best long-term entry.
*Bottom Line*
Bitcoin is doing what Bitcoin does every 4 years.
Shakeout → Capitulation → Accumulation → Expansion
Are we close to the cycle low or do you think we go deeper?
Comment your BTC target 👇
#BTC #Bitcoin #OnChain #Crypto #BullRun #BitcoinAnalysis #Investing #BinanceSquare #CryptoData
---
_Not financial advice. On-chain data for educational purposes. DYOR._