Bitcoin Profit Supply Drops to 59%, Closing In on Bear Market Levels
Bitcoin Profit Supply Drops to 59%, Closing In on Bear Market Levels
The 50% profit level has acted as a rough threshold for market bottoms, and at 59%, the current reading is getting closer to that floor.
Source: https://cryptopotato.com/bitcoin-profit-supply-drops-to-59-closing-in-on-bear-market-levels/