90% of Bitcoin Supply in Profit: Analyst Sees Bullish Momentum Ahead

Quick Summary:

As Bitcoin’s price continues to rise, 90% of its total supply is currently in profit, according to crypto analyst Axel Adler Jr..

Highlighting this significant milestone on X, Adler suggested that the market is showing signs of a bullish trend, similar to the trajectory seen during Bitcoin’s 2017 cycle.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaChina

Topics: Tesla Bitcoin supply in profit BITCOIN Crypto News Microstrategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 18:13:50 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24963855

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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