Bitcoin BTC Profitability Sinks to 41-Day Low as Bullish Flag Hints at 18% Price Rebound

Bitcoin’s profitability has fallen to its lowest point in over a month, signaling cooling market sentiment and growing bearish pressure. BTC Profitability Hits 41-Day Low Data from Glassnode shows Bitcoin’s Percent Supply in Profit dropped to 91.71% on August 1. This metric tracks the share of BTC’s circulating supply currently held at a profit, offering […]

The post Bitcoin BTC Profitability Sinks to 41-Day Low as Bullish Flag Hints at 18% Price Rebound appeared first on CoinChapter.