๐จ 69% OF $BTC SUPPLY IS BACK IN PROFIT
Bitcoinโs powerful rebound from around $62K to nearly $80K has pushed approximately 69% of its circulating supply into profit. ๐
But the market is not fully repaired yet:
๐ธ Around $617B in capital remains underwater
๐ธ Buyers from higher levels may sell once they break even
๐ธ $83K is the key level CryptoQuant is watching for stronger bull-market confirmation
The recovery is real but Bitcoin still has one major wall left to break.
Can $BTC clear $83K? ๐
#BTC Price Analysis# #Macro Insights#
Bitcoinโs powerful rebound from around $62K to nearly $80K has pushed approximately 69% of its circulating supply into profit. ๐
But the market is not fully repaired yet:
๐ธ Around $617B in capital remains underwater
๐ธ Buyers from higher levels may sell once they break even
๐ธ $83K is the key level CryptoQuant is watching for stronger bull-market confirmation
The recovery is real but Bitcoin still has one major wall left to break.
Can $BTC clear $83K? ๐
#BTC Price Analysis# #Macro Insights#
