Bitcoin has not bottomed yet, I keep saying this, but the historical data shows it! The data shows the Bitcoin supply in profit has continued its decline, but the metric has still not reached levels as low as the previous bear market bottoms. Around 50% Of The Bitcoin Supply Is In Profit At The Moment According to the latest weekly report from Glassnode. At a Bear Market Bottom, this is normally 40%-42%. https://www.newsbtc.com/news/bitcoin/bitcoin-supply-profit-decline-historical-bottom-zone/
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