<ul><li>Bitcoin's short-term holder profitability has improved during the recent price rally, relieving investors who bought BTC during the run-up.</li><li>Despite the positive data, uncertainty remains in the market with concerns of a deeper correction.</li><li>Bitcoin is currently testing a crucial demand level at $60,000, and confirmation above this threshold could lead to new highs.</li><li>Traders are closely monitoring key levels to determine if Bitcoin will establish a stronger upward trajectory or succumb to further downward pressure.</li></ul>

Bitcoin Data Reveals Short-Term Holder Profitability Improves: BTC Rally Incoming?

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