Over 99% of Bitcoin Addresses in Profit: A Sign of Bullish Momentum

A new report reveals a staggering statistic – over 99% of all Bitcoin addresses are currently profitable. This data points to strong bullish sentiment as the majority of holders purchased their coins at lower prices than today’s market value, indicating an upward trend in Bitcoin’s price. Such high profitability levels often correlate with significant market rallies or sustained confidence in Bitcoin’s future performance.