Alright, fellow degens — time to talk about that juicy metric that’s been quietly sneaking up while everyone’s busy staring at the charts: Bitcoin supply in profit. And yeah, it’s about to tickle a level that historically screams one thing loud and clear — euphoria.
Nearly 87% of Bitcoin supply in profit
Now let’s set the record straight — having a massive chunk of the supply in profit isn’t bad. In fact, it’s the complete opposite. More coins in profit usually = bullish momentum brewing. Sure, some levels feel “safer” than others, but in general, when profits rise, FOMO follows.
Right now, we’re sitting pretty with over 85% of BTC supply in profit. Not too shabby, huh? Especially considering that just recently, during the last dumpy correction, we slipped down toward the 75% mark — a psychologically and statistically important level.
That 75% zone sits smack in the middle of the bell curve — a kind of “meh” area where indecision brews. Drop below it, and things can get spicy fast. We’re talking panic sells, profit-taking spirals, or even full-blown capitulation candles from hell.
But here’s the spicy part: when Bitcoin really eats dirt, like in bear markets that smell like despair and ramen diets, this metric can fall as low as 45–50%. That’s the true bottom-of-the-barrel zone. So, where we are now? Way, way above that pain pit.
What’s more important though? We’re now creeping up toward that infamous 90% profit threshold — the one that historically acts like a keg of rocket fuel. When BTC crosses it, the market often pops champagne and enters full degen euphoria mode. Think moon calls, laser eyes, and meme coins launching out of nowhere.
But hey — let’s not get too high on hopium just yet. Because as the past has shown us, these euphoric spikes don’t last forever. More often than not, they’re followed by a healthy (or savage) pullback. So if we do hit 90%+? Brace for impact, because that party doesn’t go on forever.
TL;DR?
Bitcoin is flirting with historic euphoria levels again. If supply in profit smashes past 90%, history suggests we’re in for a wild ride. Just don’t forget your seatbelt — or your stop-loss.