More than 90% of Bitcoin holders are currently in profit, even with the recent price dip to 113,000 USD. The surge in Binance’s trading volume to 7.6 billion USD during this dip indicates solid buying interest rather than panic selling.
The Federal Reserve’s liquidity has reached 6.17 trillion USD, promoting positive sentiment in the market. Historically, positive investor sentiment combined with over 90% of Bitcoin supply being in profit often precedes price consolidations followed by significant upward movements.
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