<ul><li>Bitcoin has surged to new all-time highs for the second consecutive day, driven by positive market sentiment following the US election results and a Federal Reserve interest rate cut.</li><li>The Bitcoin Profitability Index, currently at 221%, suggests room for further upside potential as it still remains below previous cycle peaks.</li><li>Investors and analysts are optimistic about Bitcoin's future trajectory, expecting sustained growth as the cryptocurrency enters a new bullish phase.</li><li>BTC is trading at $76,200 and is testing price discovery levels near $77,000, which could act as a significant resistance point.</li></ul>

Bitcoin Profitability Index Hits 221% – Bullish Data Reveals It’s Far From Past Cycle Peaks

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