99.3% of Bitcoin supply in profit could trigger short-term dip

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 ￰0￱ 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 ￰1￱ claims that the same pattern is forming today.

Hence, BTC may experience a temporary decline before resuming its overall upward ￰2￱ data highlights that the price and the percentage of coins in profit move in tandem with ￰3￱ all holders are back in the black, signaling stronger investor confidence, although the rapid surge raises the risk of market ￰4￱ sentiment strengthens as optimism builds The Crypto Fear and Greed Index has climbed to 63, reflecting growing market ￰5￱ Darkfost noted that Bitcoin is approaching a new all-time high, though sentiment has not yet reached euphoric ￰6￱ described the market mood as “optimistic but measured,” supporting BTC’s potential ￰7￱ 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 ￰8￱ 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 ￰9￱ the other hand, the lack of extreme greed may indicate that Bitcoin still has a chance to ￰10￱ support this view, Bitcoin ETFs experienced record weekly inflows of $3.2 billion in ￰11￱ reflects strong institutional interest and renewed market ￰12￱ long as sentiment rises steadily but never reaches the state of euphoria, BTC may have a leg higher to another all-time ￰13￱ price is consolidating around $121,900.

A correction would not be completely bearish, but it would likely be a healthy reset following months of ￰14￱ Sees Bitcoin hitting $133K in 2025 on ETF inflows Citigroup projects that BTC will end 2025 near $133,000, another all-time ￰15￱ would be a relatively modest 8.75% gain from its current price of around $122,350. BTC/USD daily price chart.