Bitcoin volatility remains subdued as supply in profit nears historical bear-to-bull transition level: analysts

Crypto Insight Summary: More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: 71% of BTC supply in profit signals potential bullish momentum.