Analysis: The #بيتكوين Loss State Chart indicates a potential move to the lowest level
"Loss state" refers to the total amount of #Bitcoin held by sellers when the current market price is below the average cost of those assets — meaning the portion of Bitcoin that is "underwater" for its holders.
It can be considered an indicator of market sentiment.
High levels often signal fear, capitulative selling, and the possibility of the market reaching its lows. Low levels indicate widespread profitability and greed.
• April 7, 2025. 1 #BTC = $74,508, loss: 5,159,000.
• November 5, 2025. 1 Bitcoin = $98,966, loss: 5,639,000.
In mid-2024, the same situation repeated, reaching its lowest point at that time. See the areas marked with numbers 3, 4, and 5.
October 2025 (recent low) shows a sharp increase in losses amid volatility; about 30% of the supply is below its true value. The yellow points indicate rapid accumulation, often a precursor to price declines.
The percentage of the losing supply rose to 28-33% (5.5-6.5 million Bitcoin), matching the end of October on the chart, and mirroring correction levels from 2024.
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Analysis: The #بيتكوين Loss State Chart indicates a potential move to the lowest level
"Loss state" refers to the total amount of #Bitcoin held by sellers when the current market price is below the average cost of those assets — meaning the portion of Bitcoin that is "underwater" for its holders.
It can be considered an indicator of market sentiment.
High levels often signal fear, capitulative selling, and the possibility of the market reaching its lows.
Low levels indicate widespread profitability and greed.
• April 7, 2025. 1 #BTC = $74,508, loss: 5,159,000.
• November 5, 2025. 1 Bitcoin = $98,966, loss: 5,639,000.
In mid-2024, the same situation repeated, reaching its lowest point at that time. See the areas marked with numbers 3, 4, and 5.
October 2025 (recent low) shows a sharp increase in losses amid volatility; about 30% of the supply is below its true value. The yellow points indicate rapid accumulation, often a precursor to price declines.
The percentage of the losing supply rose to 28-33% (5.5-6.5 million Bitcoin), matching the end of October on the chart, and mirroring correction levels from 2024.
Summary:
We may be short-term bearish, but this could shake out the last weak holders from trading.
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