Bitcoin continues to attract attention, trading at $110,000. Unlike previous cycles, the current dip in the market appears more superficial.
Comparing Current Dip to Past Cycles
In previous market cycles, especially during bear markets, it was common to see 40%-60% of Bitcoin's supply in loss. Currently, only 9% of the supply is in loss, indicating that most BTC holders remain profitable even during this dip.
Significance of Current Market State
Such a small percentage of BTC supply in loss indicates that the market has not reached panic or capitulation—a stage typically observed at major bottoms. This current dip could be interpreted as a healthy correction in a broader uptrend.
Investor Outlook
Investors may view this situation as an opportunity rather than a warning sign. With continued institutional adoption, ETF inflows, and favorable macroeconomic factors, Bitcoin's trajectory remains optimistic, even with the recent pullback.
Thus, despite the current dip, Bitcoin's market shows resilience, indicating a trend toward further growth and opportunities for investors.
