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The bottom signals for Bitcoin are stacking up.
Right now, the current Bitcoin supply in profit aligns with the overall bottom trend throughout its entire life.
Each major bottom that Bitcoin has, the amount of supply in profit is higher than the previous major bottom.
And this is because the circulating supply is always increasing.
Which is also why each major top the supply in profit is higher.
As the price of Bitcoin keeps reaching new highs and more supply being added to circulation, there is more supply from lower levels that will likely never go into loss again...
bringing this percentage that is in loss at major bottoms, constantly higher.
Regardless of short term price action, the foundations for a significant bottom here continue to build.