Bitcoin profits hitting 84 percent as it stays above 63k

Congrats to everyone who has been DCAing till now. The future looks bright.

Shea said:
Congrats to everyone who has been DCAing till now. The future looks bright.

Yep, been at it for 4 years and I’m already making a profit. I plan to DCA out once we hit around 80k.

@Whit
Are you thinking of DCAing back in later or just taking the cash?

harrystone said:
@Whit
Are you thinking of DCAing back in later or just taking the cash?

I haven’t figured that part out yet. Right now, I’m focused on buying more. I think selling will be the hardest part.

@Whit
For sure, there are so many factors this time that could change things. It’s either going up or down, that’s all I know.

Absolutely solid now. I’ve never seen a coin drop after hitting 63k. Great reporting here. Good insights.

I bet once Bitcoin crosses 73,000, every holder will be in profit.

Those who bought BTC in 2022 are doing really well right now.

Chancey said:
Those who bought BTC in 2022 are doing really well right now.

:hushed:

Chancey said:
Those who bought BTC in 2022 are doing really well right now.

I should have bought more BTC instead of putting my money into shitcoins :man_facepalming:.

Chancey said:
Those who bought BTC in 2022 are doing really well right now.

That’s like a 3x. Nothing too amazing in crypto.

Bitcoin’s Unspent Transaction Outputs (UTXOs) in profit have jumped to 84% as Bitcoin’s price stays above $63,800. This is up from a summer low of 65%, showing that more holders are making gains and that the market is feeling positive. The rise in profitable UTXOs hints at potential bullish momentum, following historical patterns where higher profit percentages come with price increases. This recovery shows renewed investor confidence after some earlier ups and downs, with the highest UTXO profit levels this year noted in March and May.

When do you think it will stay above 70k?

Now is a great time to sell at the top.

Before it hits an all-time high, I can already see the headline saying ‘BTC holders 99% in profits.’

You call it solidifying, I call it stagnating.