#Bitcoin has entered a new price discovery phase, with the entire circulating supply in profit.

The accompanying chart illustrates the percentage of supply in profit, along with the number of consecutive days in each month where this indicator exceeds 95%.

History shows that these euphoric periods typically last around 22 days before a correction occurs, pushing more than 5% of supply below the initial purchase price.

The current rally has maintained this high profit level for 12 consecutive days, highlighting strong market sentiment. However, this also suggests the possibility of an upcoming correction based on past patterns.

As the market operates in this euphoric state, investors should remain vigilant and prepared for potential volatility, recognizing that history can repeat itself and corrections often follow extended periods of gains.

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