Bitcoin has just crossed $95,000, with 85.5% of supply now in profit—an unmistakable signal we’re entering the High-Conviction Zone. Historically, when the percentage of Bitcoin holders in profit approaches the 90% threshold, as seen between June and November 2024, it has triggered powerful rallies, fuelled by surging investor confidence, bullish sentiment, and institutional inflows.
Image Source: CyrptoQuant
The current setup is unlike anything we’ve seen before—two major factors are converging to push Bitcoin into a potentially parabolic phase:
The Percent Supply in Profit metric tells a bullish story—but when you add the record-setting inflows from the likes of BlackRock, the picture becomes significantly stronger:
Image Source: Coinglass
At the same time, retail confidence is spiking as BTC approaches the 90% in-profit threshold, typically a launchpad for euphoric price action. When retail conviction meets deep institutional capital, you get what markets live for: breakout setups.
While institutional inflows from ETFs grab headlines, the whales are making their move quietly, but aggressively:
Image Source: Bitcoin Magazine Pro
This political validation is fuelling long-term confidence and potentially forcing other nations and funds to follow suit.
This isn’t just another bull cycle. It’s a perfect alignment of fundamentals, flows, and policy.
Image Source: TradingView
Bitcoin’s chart structure continues to support a strong, well-established uptrend. With both fundamentals and flows reinforcing the move, technicals are now showing healthy consolidation.
Technically, price is consolidating above key support zones, and any pullback could present an ideal re-entry opportunity for those looking to ride the next leg up.
This zone sits just above prior breakout levels and liquidity clusters. Prices respecting this range would indicate strength and continued buyer interest, even amid short-term volatility.
This article is for informational purposes only and not intended as investment or financial advice. It contains opinions and speculations that are subject to change without notice.
The author and publisher disclaim any liability for decisions made based on the content of this article. Readers are advised to conduct their own research and consult a financial advisor before making investment decisions.
