13% OF BTC SUPPLY RETURNS TO PROFIT AS BITCOIN SEES MASSIVE ACCUMULATION

The Bitcoin market has been a rollercoaster, to say the least.After weathering a significant downturn, recent data suggests a potential shift in momentum. Around 13% of the flagship cryptocurrency's circulating supply has returned to profit, implying that it was purchased below the current price of Bitcoin ($BTC)Exciting news for Bitcoin enthusiasts!Approximately 13% of the circulating BTC supply has surged back into profitability, signaling a potential bottoming out of the market and renewed confidence among investors. Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the foundation of a macro bottom. The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000. Bitcoin establishes massive accumulation zone After gaining nearlyThis positive trend, highlighted by on-chain analytics firm Glassnode, coincides with BTC/USD surpassing the $18,000 mark, further fueling optimism in the market. Bitcoin hodlers are returning to profit as new data hints the BTC price has put in the foundation of a macro bottom. The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000. Bitcoin establishes massive accumulation zoneThis resurgence is closely linked to a period of ""massive accumulation,"" where strategic investors are seizing opportunities to acquire Bitcoin at perceived discounted prices.The return to profitability for a significant portion of the Bitcoin supply indicates not only renewed market strength but also a shift in sentiment among Bitcoin hodlers, who are now seeing their investments move into the black.This shift is bolstering confidence and attracting new investors, potentially setting the stage for a sustained upward trend. The significance of Bitcoin's weeks-long trading range is all the more apparent with BTC price at one-month highs, says analysis. 13% of BTC supply returns to profit as Bitcoin sees 'massive' accumulation - XBT.MarketWith Bitcoin back on the bulls' radar, many are eyeing upcoming economic data, especially United States inflation figures, which could further influence market direction.

Decoding Bitcoin's Accumulation Phase

What exactly does ""massive accumulation"" mean, and why is it significant?Accumulation, in the context of Bitcoin, refers to a period where larger, often institutional, investors or ""strong hands"" strategically purchase and hold Bitcoin. Around 13% of the flagship cryptocurrency s circulating supply has returned to a state of profit, meaning it was acquired below the current price of Bitcoin ($BTCThis accumulation typically occurs during periods of price consolidation or market downturns when prices are considered attractive.The significance of this phase lies in its potential to create a supply squeeze. MM News provides latest news, breaking news, investigations, stock market, showbiz entertainment news, urdu news from Pakistan, world, sports, cricket, business andAs more Bitcoin is accumulated and held, the available supply on exchanges decreases, potentially driving the price upward when demand increases. Bitcoin hodlers are returning to profit as new data hints the BTC price has put in the foundation of a macro bottom.The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000.A transition towards bullish momentum then takes place on the back of accumulation from these stronger hands.

Identifying Key Indicators of Accumulation

Several key indicators can help identify a potential accumulation phase:

• On-chain data: Monitoring metrics like exchange outflows, addresses accumulating Bitcoin, and the movement of coins from active trading addresses to cold storage.
• Price action: Observing periods of price consolidation or sideways trading within a defined range, suggesting that large buyers are absorbing selling pressure.
• Trading volume: Analyzing trading volume patterns, particularly spikes in volume during price dips, which could indicate accumulation by larger players.
• Whale activity: Tracking the movement of large Bitcoin holdings (whales) and identifying patterns of accumulation or redistribution.

The current observation of 13% of the Bitcoin supply returning to profit, as reported by Glassnode, aligns with the idea that the market has established a ""massive accumulation zone."" This means that a significant portion of the coins in circulation were acquired below the current price, suggesting that investors are holding onto their Bitcoin with the expectation of future price appreciation.

The Significance of 13% Return to Profit

The fact that 13% of the Bitcoin supply returns to profit is not just a random statistic; it represents a significant shift in market dynamics.This figure highlights that a large number of investors who previously held Bitcoin at a loss are now seeing positive returns on their investment. The significance of Bitcoin's weeks-long trading range is all the more apparent with BTC price at one-month highs, says analysisThis can have several implications:

• Increased confidence: As more investors move into profit, confidence in Bitcoin's long-term potential increases, leading to greater holding behavior.
• Reduced selling pressure: When a significant portion of the supply is in profit, there is less incentive to sell, as investors are less likely to cut their losses.
• Potential price appreciation: With reduced selling pressure and increased buying activity, the price of Bitcoin has more room to appreciate.

Recently, as Bitcoin has been rallying, the percent supply in profit has surged and hit a value of 60.5%. Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the foundation of 13% of BTC supply returns to profit as Bitcoin sees 'massive' accumulationThis means that 13% more supply has now come back into a state of profit as compared to the lows in the last two months.

Analyzing On-Chain Data: What Glassnode Reveals

On-chain analytics firms like Glassnode play a crucial role in providing insights into the Bitcoin market. The significance of Bitcoin's weeks-long trading range is all the more apparent with BTC price at one-month highs, says analysis.Their data helps investors understand the underlying dynamics of the network and make more informed decisions. News / CryptoGlobe / $BTC: Massive Accumulation Sees 13% of Bitcoin s Supply Return to ProfitGlassnode's data on the Bitcoin supply in profit, exchange flows, and active addresses can provide valuable clues about market sentiment and potential price movements.

Key Metrics to Watch from Glassnode

1. Supply in profit: Tracks the percentage of Bitcoin supply that is currently held at a profit, indicating overall market sentiment.
2. Exchange net position change: Measures the net flow of Bitcoin into or out of exchanges, which can indicate buying or selling pressure.
3. Active addresses: Tracks the number of unique addresses interacting with the Bitcoin network, reflecting user activity and adoption.
4. Long-term holder supply: Monitors the amount of Bitcoin held by long-term investors, providing insights into holding behavior.

By analyzing these metrics, investors can gain a better understanding of the forces driving the Bitcoin market and make more informed decisions about their investments. 13% of BTC supply returns to profit as Bitcoin sees 'massive' accumulation⁣ btc bitcoin sees profits returnThe latest figures from Glassnode showing a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000 is a very positive sign.

Bitcoin's Price Action: A Technical Perspective

Beyond on-chain data, analyzing Bitcoin's price action is essential for understanding potential future movements.Technical analysis involves studying historical price charts and identifying patterns that can provide insights into potential buy or sell signals.

Key Technical Indicators to Consider

• Moving averages: Used to smooth out price data and identify trends.
• Relative Strength Index (RSI): Measures the magnitude of recent price changes to evaluate overbought or oversold conditions.
• Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages of prices.
• Fibonacci retracement levels: Used to identify potential support and resistance levels based on Fibonacci ratios.

After gaining nearly 5% in 24 hours, Bitcoin is back on bulls radar ahead of a crunch United States inflation data release.The significance of Bitcoin's weeks-long trading range is all the more apparent with BTC price at one-month highs, says analysis.

External Factors Influencing Bitcoin's Price

While on-chain data and technical analysis provide valuable insights, it's also crucial to consider external factors that can influence Bitcoin's price.These factors include:

• Macroeconomic conditions: Factors like inflation, interest rates, and economic growth can impact investor sentiment and risk appetite.
• Regulatory developments: Government regulations and policies regarding Bitcoin and other cryptocurrencies can significantly impact market sentiment.
• News and events: Major news events, such as institutional adoption announcements or security breaches, can trigger significant price movements.
• Geopolitical events: Global political events and economic instability can also influence Bitcoin's price.

The upcoming United States inflation data release is a prime example of an external factor that could significantly impact the Bitcoin market. The significance of Bitcoin 039 s weeks-long trading range is all the more apparent with BTC price at one-month highs says analysis Bitcoin BTC hodlers are returning to profit as new data hints the BTC price has put in the foundationHigher-than-expected inflation data could lead to further interest rate hikes by the Federal Reserve, potentially putting downward pressure on risk assets like Bitcoin.Conversely, lower-than-expected inflation data could ease concerns about interest rate hikes and provide a boost to the Bitcoin market.

Hodling vs.Trading: Strategies for Different Investors

When it comes to investing in Bitcoin, there are two main approaches: hodling and trading.Hodling involves buying and holding Bitcoin for the long term, regardless of short-term price fluctuations. Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the foundation of a macro bottom. The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000. Bitcoin establishes massive accumulation zoneTrading involves actively buying and selling Bitcoin to profit from short-term price movements.

Hodling: The Long-Term Investment Strategy

Hodling is often favored by investors who believe in Bitcoin's long-term potential and are willing to ride out market volatility. Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the foundation of a macro bottom.The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000.This strategy requires patience and a strong conviction in Bitcoin's underlying value.The benefits of hodling include:

• Reduced trading fees: By holding Bitcoin for the long term, investors can avoid frequent trading fees.
• Simplicity: Hodling requires less time and effort compared to active trading.
• Potential for long-term gains: By holding Bitcoin through market cycles, investors have the potential to benefit from significant long-term price appreciation.

Trading: The Active Investment Strategy

Trading is a more active strategy that involves buying and selling Bitcoin to profit from short-term price movements. Bitcoin's (CRYPTO: BTC) sharp rise to an all-time high of $111,800 has entered a decisive phase, as data from Glassnode reveals intensified profit-taking by long-term holders. What Happened: TheThis strategy requires a deeper understanding of technical analysis and market dynamics. [ Septem ] Bitcoin and Ethereum set for significant growth, analysts reveal small token that could 50x Market Analysis [ Septem ] Tether invests $1.5 million in Sorted Wallet to boost financial access in emerging markets BusinessThe benefits of trading include:

• Potential for higher returns: Active traders can potentially generate higher returns than hodlers by capitalizing on short-term price movements.
• Flexibility: Trading allows investors to adapt to changing market conditions and adjust their positions accordingly.
• Hedging opportunities: Traders can use trading strategies to hedge against potential losses in their long-term holdings.

The best strategy for each investor will depend on their individual risk tolerance, investment goals, and time horizon.

Potential Risks and Challenges

While the return to profitability and accumulation signals are encouraging, it's important to acknowledge the potential risks and challenges facing the Bitcoin market.

• Volatility: Bitcoin remains a highly volatile asset, and price swings can be significant.
• Regulatory uncertainty: The regulatory landscape for Bitcoin and other cryptocurrencies is still evolving, and regulatory changes could negatively impact the market.
• Security risks: Bitcoin exchanges and wallets are vulnerable to hacking and theft.
• Competition: The cryptocurrency market is becoming increasingly competitive, with new projects and technologies emerging.

Investors should carefully consider these risks before investing in Bitcoin and only invest what they can afford to lose.

Future Outlook: What to Expect

Predicting the future of Bitcoin is inherently difficult, but the current market signals suggest a potential for continued growth.The return to profitability for a significant portion of the Bitcoin supply, coupled with the ongoing accumulation by ""strong hands,"" indicates a strengthening foundation for future price appreciation. The latest figures from on-chain analytics firm Glassnode show a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000. Bitcoin establishes massive accumulation zone. After gaining nearly 5% in 24 hours, Bitcoin is back on bulls radar ahead of a crunch United States inflation data release.The next few months will be critical in determining whether this momentum can be sustained.

Key Factors to Watch

• Continued Accumulation: Monitoring on-chain data to confirm whether the accumulation phase is ongoing.
• Macroeconomic Developments: Paying close attention to inflation data, interest rate decisions, and overall economic growth.
• Regulatory Clarity: Observing developments in regulatory frameworks for Bitcoin and other cryptocurrencies.
• Institutional Adoption: Tracking the level of institutional adoption of Bitcoin, as this can significantly impact demand and price.

By closely monitoring these factors, investors can gain a better understanding of the potential trajectory of the Bitcoin market and make more informed investment decisions.

Conclusion: Key Takeaways and Actionable Advice

The recent return of 13% of the BTC supply to profitability and the ""massive accumulation"" observed in the Bitcoin market are positive signs, suggesting a potential market bottom and renewed investor confidence. A transition towards bullish momentum then takes place on the back of accumulation from these stronger hands. Recently, as Bitcoin has been rallying, the percent supply in profit has surged and hit a value of 60.5%. This means that 13% more supply has now come back into a state of profit as compared to the lows in the last two months.However, it is crucial to remember that Bitcoin remains a volatile asset, and potential risks and challenges remain.It is important to do your own research and consult with a qualified financial advisor before making any investment decisions.The 13% of BTC supply returning to profit is a metric indicating bullish momentum but should not be the only factor influencing an investment decision. The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000. Bitcoin establishes massive accumulation zone. After gaining nearly 5% in 24 hours, Bitcoin is back on bulls radar ahead of a crunch United States inflation data release.Keep in mind that the Bitcoin price can be affected by numerous factors, including inflation data and regulatory announcements.A well-rounded approach to Bitcoin investing involves staying informed, managing risk, and understanding your own investment goals.So, is now the right time to invest in Bitcoin?That depends on your individual circumstances. Bitcoin hodlers are returning to profit as new data hints the BTC price has put in the foundation of a macro bottom. The latest figures from on-chain analytics firm Glassnode show a large swathe of the BTC supply heading into the black as BTC/USD passed $18,000. Bitcoin establishes massive accumulation zoneHowever, the data suggests that the foundation for a potential long-term uptrend may be forming.Monitor the market closely, stay informed, and invest responsibly.