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PORTFOLIO99
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【$BTC |LTH Profit Supply Signal】
In the past 12 years, this indicator has only turned upward 4 times.
After each of these 4 times, BTC continued to rise.
Now, it has strengthened once again.
The proportion of supply held by Long-Term Holders (LTH) in profit has crossed above the historical median minus 1 standard deviation again, currently rising to 68.41%.
Similar signals appeared in:
2015
2019
2020
2023
and now.
🐼【Indicator Logic】
When this indicator falls below this level, it means a significant portion of long-term holders are at a floating loss.
Historically, these holders usually do not rush to sell during loss phases.
When the indicator crosses back above this level, it often means this portion of long-term holdings is starting to return to profitability on a large scale.
The market has countless narratives every day.
But ultimately, the data is what truly matters.
I hope you keep watching the data instead of being led by narratives.
What do you think about this signal?
Do you believe $BTC will continue to strengthen, or will this time be different?👇

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