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via Cointelegraph · By Cointelegraph Staff

Bitcoin Profitability Boost In Doubt As Metric Stays Below Key Breakeven Line

BTC

BTC/USDT

$64,386.83
+0.33%
24h Volume

$4,799,252,148.72

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short
65.4%
Long: 65.4%Short: 34.6%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,380.00

0.37%

Volume (24h): -

Resistance Levels
Resistance 3$70,467.59
Resistance 2$66,379.48
Resistance 1$64,562.78
Price$64,380.00
Support 1$64,050.00
Support 2$62,909.86
Support 3$61,277.48
Pivot (PP):$64,562.78
Trend:Uptrend
RSI (14):50.6
CS
Cointelegraph Staff
(09:43 AM UTC)
1 min read
OB
Approved byOlivia Bennett
524 views
0 comments

Bitcoin (BTC) investors are back in aggregate profit, but onchain data suggests it’s too early to confirm a new bull market.

Key points:

  • Bitcoin supply profitability is improving, but the trend must prove its staying power before confirming a market recovery, says CryptoQuant.
  • Supply in profit is now approaching 60%, up from its 2026 low near 46% less than a month ago.
  • Long-term holder onchain losses…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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