Bitcoin Profit-Taking Supply Ratio Holds at 52% Amid Bear Market Final Stage

BTC profit-taking supply ratio remains at 52%, signaling the final bear market phase. Historical patterns suggest a new accumulation cycle may begin as loss dominance persists.

Woofun AI data shows that Bitcoin's profit-taking supply ratio currently stands at 52%, indicating that nearly half of circulating BTC is in a loss position. CryptoQuant analyst Darkfost noted that this metric represents a critical turning point in previous bear markets, where the profit-taking ratio eventually operated above the loss ratio for a sustained period. Although the metric briefly dipped below 50% in June and July, a prolonged dominance of loss-taking has not yet materialized. The current reading implies the market is approaching the cycle's bottoming zone.

The analysis further suggests that regardless of the absolute price bottom, the market is entering the final stage of the bear market. Significant chip concentration in the $60,000 to $63,000 range has drawn attention for potential directional breakouts. Historical patterns indicate that when the profit-taking supply ratio completes its bottom formation around the 50% mark, it often signals the commencement of a new accumulation phase.