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Bitcoin Profitability Skyrockets To Record Levels With 99.9% Of Addresses In Profit

  • Bitcoin's recent surge to a new all-time high has led to massive profits for investors.
  • Approximately 99.9% of all BTC addresses are currently in profit, highlighting strong accumulation and investor confidence.
  • However, a bearish shift could occur as historically, periods of high profitability have been followed by brief corrections in the market.
  • The average profitability index for Bitcoin is also approaching previous cycle levels, indicating heightened gains for investors.

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