Bitcoin's supply in profit has historically been a reliable indicator of bull cycles, typically remaining above 80%. While there have been instances where it dipped below this threshold, these moments often presented buying opportunities. In the current bull cycle, the supply in profit has largely stayed above 80%, despite brief dips during the summer. These dips have once again proven to be advantageous for buyers. This consistent pattern suggests a continued bullish outlook for Bitcoin, reinforcing the importance of monitoring on-chain data for informed investment decisions.