📊 Analysts suggest that the 2025 bull cycle could repeat the 2017 scenario.
— Currently, 90% of the BTC supply is in profit.
— Unless a “black swan” event occurs in the market, the current cycle could resemble the dynamics of 2017.
— In this case, only short-term corrections are expected, and the profitability level could drop to 80%.
If the cycle is interrupted, as happened in 2021 after the mining ban in China, the profitability level could drop to 65%.
