The ratio of BTC holders in profit expresses color in the chart. In the beginning of bullish markets, red turns out, which means the ratio of BTC holders in profit is more than 95%.
As you can see, bullish markets usually end within 1 ~ 1.5 years. If this bullish market started, it will finish within Q2 2025.
Anyways, I'm pleased to see the red again, and I'm sure this year will be better than last year 🤣
This comment is for rewarding my analysis activities. Upvoting will be proceeded by @h4lab
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"Interesting analysis! Watching the BTC supply dynamics offers unique insights into market sentiment. Always valuable to consider diverse perspectives."
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit