The profitability rate of Bitcoin (BTC) investors has entered a critical risk area where corrections have historically occurred.
Analyst at on-chain analysis platform CryptoQuant SignalQuantmade a warning to Bitcoin investors. Data showing the profitability rate of all Bitcoin investors Based on the analysis, the current level is “extremely riskyHe reported that he entered the region.
This data is generally used in the long-term cycle to identify peaks and valleys while reminding that it is used up to date 94.98% area He emphasized that we entered the market, meaning that 94.98% of all Bitcoin investors are in profit.
While it implies that existing investors are likely to take action to sell some of their profits, which could bring about a significant correction, the data in question has historically been successful. local peak signal He stated that it worked.
Especially 2019 And 2020 Following the periods when the profitability rate exceeded 94% in bull cycles, the Bitcoin price experienced significant declines shortly afterwards.
