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Journalist<\/p>\n<\/p><\/div>\n
Share this article<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n\n\n- Bitcoin\u2019s MVRV pulled back to 1.7,4, a historical support level, signaling cooling profit realization.<\/em><\/li>\n
- 88% of the Bitcoin supply was in profit as investors\u2019 expectations shift.<\/em><\/li>\n<\/ul>\n
Over the past two weeks, Bitcoin [BTC]<\/a>\u00a0 has recorded significant gains, rising from a local low of $83k to a local high of $97k.<\/p>\nThe recent price uptick has left most Bitcoin holders in profit. According to Glassnode<\/a> data, 88% of the Bitcoin supply was in profit at press time.<\/p>\nThis implies that both short-term and long-term holders are in profit, especially the cohort that acquired BTC from $94k and below.<\/p>\n
\n![](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/BTC-profit.jpg\")
<\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\n
With the cohort in profit, losses are now concentrated among buyers in the $95K to $100K range.<\/span><\/p>\nAs profit margins rise, Bitcoin has rebounded from its long-term mean of 75%, signaling a shift in investor expectations. As a result, the market is experiencing less capitulation.<\/span><\/p>\nThis rebound reflects improving sentiment, indicating that demand remains strong enough to absorb profit-taking. This supports the case for a sustained price recovery.<\/span><\/p>\nIn 2024, Bitcoin staged a strong comeback after retesting this mean at an average price of $60K from November to January.<\/span><\/p>\nSimilarly, the current $76K to $95K range appears to be the bottom, where Bitcoin could potentially see another significant surge, based on past trends.<\/span><\/p>\n\n
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- Bitcoin\u2019s MVRV pulled back to 1.7,4, a historical support level, signaling cooling profit realization.<\/em><\/li>\n
- 88% of the Bitcoin supply was in profit as investors\u2019 expectations shift.<\/em><\/li>\n<\/ul>\n
Over the past two weeks, Bitcoin [BTC]<\/a>\u00a0 has recorded significant gains, rising from a local low of $83k to a local high of $97k.<\/p>\n
The recent price uptick has left most Bitcoin holders in profit. According to Glassnode<\/a> data, 88% of the Bitcoin supply was in profit at press time.<\/p>\n
This implies that both short-term and long-term holders are in profit, especially the cohort that acquired BTC from $94k and below.<\/p>\n
\n<\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\n
With the cohort in profit, losses are now concentrated among buyers in the $95K to $100K range.<\/span><\/p>\n
As profit margins rise, Bitcoin has rebounded from its long-term mean of 75%, signaling a shift in investor expectations. As a result, the market is experiencing less capitulation.<\/span><\/p>\n
This rebound reflects improving sentiment, indicating that demand remains strong enough to absorb profit-taking. This supports the case for a sustained price recovery.<\/span><\/p>\n
In 2024, Bitcoin staged a strong comeback after retesting this mean at an average price of $60K from November to January.<\/span><\/p>\n
Similarly, the current $76K to $95K range appears to be the bottom, where Bitcoin could potentially see another significant surge, based on past trends.<\/span><\/p>\n
\n - 88% of the Bitcoin supply was in profit as investors\u2019 expectations shift.<\/em><\/li>\n<\/ul>\n
![](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/BTC-MVRV.jpg\")
<\/a><\/p>\n![](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-3-1.png\")
<\/a><\/p>\n![](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/BTC-ATR.jpeg\")
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