99.3% of Bitcoin supply in profit could trigger short-term dip
The post 99.3% of Bitcoin supply in profit could trigger short-term dip appeared on BitcoinEthereumNews.com.
Bitcoin’s supply is almost entirely in profit, and analysts warn this could trigger a short-term correction. Historically, such high profitability has often been followed by brief market pullbacks. According to analyst Ted Pillows, 99.3% of the entire Bitcoin supply is profitable at its present market price of about $121,900. When the BTC supply in profits was above 99% three times, the price corrected by between 3% and 10%. This development comes when traders have been securing profits following prolonged rallies. Pillows claims that the same pattern is forming today. Hence, BTC may experience a temporary decline before resuming its overall upward trend. CryptoQuant data highlights that the price and the percentage of coins in profit move in tandem with Bitcoin. Nearly all holders are back in the black, signaling stronger investor confidence, although the rapid surge raises the risk of market overheating. Bitcoin sentiment strengthens as optimism builds The Crypto Fear and Greed Index has climbed to 63, reflecting growing market optimism. Analyst Darkfost noted that Bitcoin is approaching a new all-time high, though sentiment has not yet reached euphoric levels. He described the market mood as “optimistic but measured,” supporting BTC’s potential uptrend. Standard Chartered projects BTC could reach $200,000 on sustained ETF momentum. Historically, extreme greed levels above 80 have preceded major tops, but with the index now at 63, there may still be room for further gains before sentiment overheats. “At every previous top, we consistently moved into extreme greed territory,” Darkfost said, implying that the market has not yet overheated. Such a combination of robust on-chain statistics and an increase in investor sentiment is a complex picture. Typically, when the level of profitability is high, it leads to significant profit-taking and price corrections. On the other hand, the lack of extreme greed may indicate that Bitcoin…
Filed under: News - @ October 5, 2025 1:12 am