Insights: Profitable Bitcoin Supply Nears Cycle Peak, Potentially Preceding Market Correction
Insights: Profitable Bitcoin Supply Nears Cycle Peak, Potentially Preceding Market Correction Quick Take Analyzing the supply dynamics of Bitcoin reveals a telling story of profit and loss convergence, a significant indicator of market fluctuations. Of the approximately 19.3 million Bitcoin in circulation, an estimated 17.3 million are in profit, leaving 1.9 million at a loss….