Bitcoin’s Profit Supply Shrinks as Price Fails to Breach 2-Week Downtrend
BeInCrypto
Bitcoin's profit supply has dropped significantly as its price struggles below a two-week downtrend resistance level.Summary
Bitcoin (BTC) is under pressure, extending a two-week decline and failing to break above key resistance, suggesting investor fatigue. The percentage of BTC supply held in profit has sharply decreased from 98% to 78% over two weeks, indicating widespread unrealized losses and rising caution, characteristic of capitulation phases. This is further supported by the Realized Profit to Loss (RPL) Ratio falling to 0.7, meaning more investors are selling at a loss than at a profit. Currently trading below $108,000, Bitcoin must reclaim the $110,000 level to invalidate the downtrend and target higher resistance; failure to do so could lead to a deeper correction toward $105,000 or lower.
(Source：BeInCrypto)