Bitcoin supply in profit heads to ‘true bear market’ levels
Burns Brief
Cryptoquant data shows there are 8 Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Cryptoquant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.
Key Takeaways
- 2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market