Glassnode: Bitcoin Supply in Profit Signal Issued

Glassnode released its latest signal on percent supply in profit for BTC, directing traders to the chart of the week as the metric flashes at current levels. With price testing upper Bollinger resistance at $64306.37 while RSI sits neutral at 55.32, a healthy retracement to the 50-EMA support at $63715.4 seems probable before further continuation as the bearish structure versus the distant EMA200 at $70461.24 keeps longer-term pressure intact despite the MACD golden cross at 219.97. Institutional desks now layer this on-chain read against BTC price prediction models and crypto market crash scenarios to refine exposure ahead of potential volatility exhaustion at the lower band near $60748.99.