{"content":"Bitcoin Profitability Drops Sharply ⚡ — What Comes Next for Price? Bitcoin (BTC) is precariously below $100,000 after profit supply fell to a 2025 low. In this downturn, Glassnode experts Chris Beamish, Antoine Colpaert, and CryptoVizArt point to structural weakness, cautious investment behavior, and lower institutional demand. Bitcoin is oversold but not yet capitulating. Profit Crash Bitcoin Supply Indicates Weak Demand And Price As the market slows, Bitcoin's profit supply has dropped to its lowest level since 2025. Glassnode experts say this dip shows dwindling demand and continuous sale pressure as the BTC price consolidates at $100,000 after sliding 21% from its all-time high over $126,000. The analysis estimates that 71% of Bitcoin's production is profitable, around the lower end of the 70%–90% range experienced in mid-cycle slowdowns. BTC's price stability and recovery may rely on if new demand returns in the next weeks after this decline, the lowest likelihood level of the year. In addition, Bitcoin has fallen below the Short-Term Holder's cost basis of $112,500 and is fighting to rebound, showing that its bullish phase has concluded. Additionally, on-chain data reveals that long-term holders are adding to negative pressure. Bitcoin's supply has dropped by 300,000 coins since July, from 14.7 million to 14.4 million. Glassnode experts believe that 2.4 million BTC—12% of its circulating supply—were spent over this time. Bitcoin's CVD has also dropped on Binance and other exchanges. Analysts noticed that futures traders are reducing risk and avoiding aggressive long positions as the Perpetual Market Directional Premium dropped from $338 million in April to $118 million each month. Bitcoin is oversold but fundamentally sound. Glassnode specialists say the next significant challenge is $112,000 and $113,000. A sustained rebound would indicate revived demand, while additional weakening might exacerbate the slump. #BTC #TrumpBitcoinEmpire #CryptoIn401k $BTC $ETH $BNB ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/06/f6170d3fdf472c1a779f98926d9d4a00.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}