According to Pentoshi on Twitter, Bitcoin (BTC) is nearing a significant breakout point, as highlighted in his technical chart analysis posted on May 20, 2025 (source: @Pentosh1). Traders should watch closely for confirmation of this breakout, as a decisive move above current resistance levels could trigger increased buying activity and volatility across the crypto market. Historical data shows that such breakout scenarios for BTC often lead to momentum shifts and can influence correlated altcoins and overall market sentiment (source: Glassnode Analytics).

According to @glassnode, 88% of Bitcoin supply remains in profit, with realized losses primarily among traders who bought in the $95,000 to $100,000 range. The supply-in-profit metric has rebounded to its long-term mean, signaling a significant reset in investor expectations. Importantly, there is no sign of widespread capitulation, which suggests continued market stability and potential support for BTC price levels. Traders should note this consolidation phase, as it may present opportunities for entries or exits based on historical profit-taking patterns (source: @glassnode, Twitter, June 2024).