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Home Blockchain

Bitcoin targets $115K as BTC supply metric nears 'historic euphoria' zone

by wireopedia memeber
April 29, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Bitcoin targets $115K as BTC supply metric nears 'historic euphoria' zone
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Bitcoin’s profitable supply nears 90% as strong buyer demand signals a potential rally toward $115,000.

Key takeaways:

Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area.

Onchain data shows strong accumulation from new and momentum buyers with minimal profit-taking.

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