Bitcoin Volatility Is Near Historic Lows With 71% of Supply in Profit. What That Actually Describes
6 Articles
6 Articles
Bitcoin Volatility Is Near Historic Lows With 71% of Supply in Profit. What That Actually Describes
Bitcoin (CRYPTO:BTC) trades around $78,000 today, after closing at $79,092 on September 7. At the same time, Bitcoin’s one-month realized volatility has fallen close to historic lows, while roughly 71% of the circulating supply remains in profit. That figure is approaching the historical average of 74.7%, a level that has often appeared around periods when […]
Bitcoin Price Analysis: Supply in Profit Nears 74.7% Mean
Based on the latest Bitcoin price analysis, more than 71% of Bitcoin’s circulating supply now sits in profit. Why does this number matter? It’s closing in on the 74.7% historical mean that Bitfinex says previously marked the handoff from bear market to bull market. BTC price recovered to near $78,600 on Tuesday after slipping to an intraday low of $77,603, but it remained below the roughly $82,000 level the asset touched the previous week. There…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





