SignalQuant
Check the bottom through BTC Supply in Profit
The ‘supply in profit(%)' is the 'ratio of coins currently in profit’ based on the price at the last transaction point of the total sum of UTXO value. When this ratio touched 100%, the price reached a cycle top, and when this ratio was less than 40%, the price hit a cycle bottom. The current supply in profit ratio is 52%, with more than half of the coins being profitable, and according to the past pattern, we assume that this ratio should fall further to the bottom.