Analysis-Bitcoin Profit Ratio Signals Potential Bull Cycle

1 min read

7 months ago bitnews

Analysis-Bitcoin Profit Ratio Signals Potential Bull Cycle A recent analysis by CryptoQuant contributor SignalQuant highlights the importance of Bitcoin’s supply in profit, a key metric indicating a potential bull cycle for the leading cryptocurrency. The report shows that Bitcoin’s supply in profit has consistently remained above 80%, a historically significant threshold during previous bull markets.