Bitcoin volatility remains subdued as supply in profit nears historical bear-to-bull transition level: analysts
More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said.
What happened
More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said.
Why it matters
The financing changes available capital and competitive capacity around Bitcoin; terms and investor participation remain key.
Affected entities
Bitcoin · BTCNeutral
View evidence
1 reports · 1 original report · 1 independent
- The BlockPrimary source · Supports · EN · 100%Bitcoin volatility remains subdued as supply in profit nears historical bear-to-bull transition level: analysts ↗
Claims
- Bitcoin volatility remains subdued as supply in profit nears historical bear-to-bull transition level: analysts Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
BTC · 15 min-0.15%
BTC · 1 h+0.13%
BTC · 4 h-0.39%
BTC · 24 h+0.09%
Score explanation
Confidence · formula confidence-2.1.0
Source trust72
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude68
Market relevance74
Entity significance98
Market breadth54
Novelty68
Urgency55
Ranking · formula rank-1.0.0
Confidence factor0.829
Freshness factor0.9996
Breaking bonus0