🚨 Bitcoin supply in loss overtakes supply in profit, a signal that has historically appeared near bear-market bottoms 🚨
CoinDesk says more than half of all bitcoin in circulation is now sitting at an unrealized loss after BTC fell toward key long-term support levels. The article says this crossover has historically shown up during deep bear-market conditions.
🔑 Key highlights:
🔹️ Supply in loss rose to about 10.5 million BTC, while supply in profit fell to around 9.8 million BTC.
🔹️ This is the first time in the current cycle that bitcoin held at a loss has exceeded bitcoin held in profit.
🔹️ The article says similar crossovers have historically aligned with major bear-market bottoms.
🔹️ Bitcoin also touched its 200-week moving average near $61,300, which CoinDesk says has acted as a key support level in every previous bear market.
🔹️ If BTC falls below $60,000, the next major support zone cited in the article is around $54,000, which corresponds to the realized price.
🎯 Bottom Line: The article says one of Bitcoin’s classic bear-market bottom signals has flashed again as price tests long-term support.
https://www.coindesk.com/markets/2026/06/04/this-bitcoin-metric-has-marked-every-bear-market-bottom-and-it-s-just-flashed-again