{"id":7528,"date":"2025-10-05T18:13:03","date_gmt":"2025-10-05T18:13:03","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/99-of-bitcoin-supply-in-profit-what-this-means-for-price\/"},"modified":"2025-10-05T18:13:03","modified_gmt":"2025-10-05T18:13:03","slug":"99-of-bitcoin-supply-in-profit-what-this-means-for-price","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/99-of-bitcoin-supply-in-profit-what-this-means-for-price\/","title":{"rendered":"99% Of Bitcoin Supply In Profit \u2013 What This Means For Price"},"content":{"rendered":"

Bitcoin\u2019s price gain in the last week has resulted in multiple other positive developments, ranging from a surge in ETF inflows to a bullish change in option trading calls, all signifying a renewed market confidence.\u00a0In particular, over 99% of Bitcoin\u2019s circulating supply is now held at an unrealized profit, a milestone that underscores the market\u2019s strength. However, historical trends suggest that such conditions often precede a major price correction.\n<\/p>\n

Bitcoin May Be Headed For 10% Correction – Analyst<\/b><\/h2>\n

In an X post<\/a> on October 4, market analyst Ted Pillows shares an important cautionary insight on the present Bitcoin market. Using data from the on-chain analytics platform CryptoQuant, nearly 99.3% of all Bitcoin supply is now in profit following the asset\u2019s bullish resurgence in the first week of October.<\/p>\n

Notably. With Bitcoin currently trading around $122,000, this milestone reflects the present overwhelming profitability of holders across the network. However, this is also a rare event that has historically preceded short-term market corrections.<\/p>\n

\"Bitcoin\"<\/p>\n

According to Pillows, the last three times Bitcoin\u2019s \u201csupply in profit\u201d ratio climbed above 99%, the market experienced brief corrections ranging from 3% to 10%. These drawdowns may be seen as \u201ccooling phases,\u201d allowing overheated momentum to reset before prices resumed their upward trend.\u00a0<\/p>\n

Interestingly, in a separate X post, a fellow analyst with the username Rekt Capital shares<\/a> a similar viewpoint. In particular, Rekt Capital explains that Bitcoin\u2019s rejection at its all-time high around $124,000 has been consistently followed by a 13% price pullback. Based on these analyses, Bitcoin prices could be in potential danger of slipping to between $106,000 – $109,000 before finding a potential support zone for the next leg upward.\n<\/p>\n

Bitcoin Price Outlook<\/b><\/h2>\n

At the time of writing, Bitcoin trades at $122,246 after a price gain of 11.73% in the past seven days. Despite the strong cautionary predictions, historical data prove October to be a generally bullish trading month with an average gain of 21.89%\u00a0 and a median gain of 21.20%.\u00a0<\/p>\n

Meanwhile, Coincodex<\/a> analysts agree with the notion, while noting the presently high bullish sentiments, as the Fear & Greed Index climbs to 71, representing extreme greed.<\/p>\n

Looking at the short-term, these analysts expect Bitcoin to rise to $130,994 in the next five days but project an eventual retracement to around $126,535. However, they predict the premier cryptocurrency to reach a $140,009 target by the end of 2025. With a market cap of $2.43 trillion, Bitcoin remains the largest cryptocurrency with a market dominance of 58.4%.<\/p>\n

\"Bitcoin\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price gain in the last week has resulted in multiple other positive developments, ranging from a surge in ETF inflows to a bullish change in option trading calls, all signifying a renewed market confidence.\u00a0In particular, over 99% of Bitcoin\u2019s circulating supply is now held at an unrealized profit, a milestone that underscores the market\u2019s…<\/p>\n","protected":false},"author":1,"featured_media":7529,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,691,70,62,1099,3651,2623],"class_list":["post-7528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-correction","tag-btcusd","tag-btcusdt","tag-rekt-capital","tag-supply-in-profit","tag-ted-pillows"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=7528"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/7529"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=7528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=7528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=7528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}