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Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb

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Bitcoin trades near $77,381, and Glassnode says 68% of circulating supply now sits in profit at this level, up from 65% when BTC traded here in May. That three-point gap works out to roughly 600,000 additional BTC, an estimate worth about $…

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Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb
CryptoSlate 2h ago

Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb

Bitcoin trades near $77,381, and Glassnode says 68% of circulating supply now sits in profit at this level, up from 65% when BTC traded here in May. That three-point gap works out to roughly 600,000 additional BTC, an estimate worth about $…