Bitcoin Price Stays Calm as Profits Signal Bullish Shift

Bitcoin is currently trading with low volatility, but market data suggests a major change could be ahead. Analysts report that over 71 percent of the total bitcoin supply is now held at a profit. This specific threshold is often viewed as a key indicator for a shift in market cycles.

Historically, when this much supply sits in profit, it marks the transition from a bear market to a bull run. While the price remains steady for now, this technical milestone suggests that long term holders are reaching a point of profitability that often precedes increased market activity.

Traders are watching to see if this trend continues to push prices upward or if selling pressure begins to mount. As the market remains quiet, this data point serves as a signal that the current phase may be nearing its end.