π° News Alert...
π Title: Bitcoin Investors' Expectations Shift as 88% of BTC Supply is in Profit
ποΈ Published: 2025-05-05T14:00:00+00:00
π Summary: Recent data from Glassnode reveals that 88% of Bitcoinβs supply is currently in profit, with many investors holding assets below $95,000. This significant profitability indicates a reset in investor expectations, suggesting a potential structural bottom ranging between $75,000 and $95,000. The Market Value to Realized Value (MVRV) Ratio of 1.74 serves as a historical support zone, indicating cooling unrealized gains and a promising outlook for future growth. Analysts note a decrease in selling pressure among holders, fostering a more stable market environment as optimism grows among investors.
π https://cointelegraph.com/news/bitcoin-investors-expectations-evolve-as-88-of-held-btc-supply-is-in-profit
ποΈ Source: Cointelegraph by Biraajmaan Tamuly
π #Bitcoin #CryptoMarket #InvestmentAnalysis