Bitcoin Market Health: Plenty Addresses Dey Make Profit As Market Dey Dominate More
Recent analysis wey crypto analysts do show say Bitcoin market dey strong well well, with like 90% of Bitcoin holders dey make profit and only about 9.6% of addresses dey loss. History data show say e different from how market bin dey before where loss rate bin high gan, reach up to 84.7%. This strong market position dey show say market dey stable, wey Bitcoin and stablecoins dey support well well as dem hold over 72% of the whole crypto market. Even though the number of trading pairs and active cryptocurrencies don reduce, e still dey show how Bitcoin dey strong for this changing market. Things wey bin dey happen before like people dey cash out quick quick when market dey hot now don reduce, so traders fit dey sure say market go dey stable. Even though altcoin season fit still happen, Bitcoin still dey strong well well for the crypto world.
Bullish
The way market dey now, wey big number of Bitcoin wey people hold dey make profit and the number of address wey dey lose money still dey very low like before, dey show say market go dey go up. Bitcoin dey control market pass altcoins and other cryptocurrencies, this one show say traders get confidence and e fit attract more money to invest. As market no too hot like before, e reduce the chance of people selling off their coins sharp sharp, and e dey give stable ground for market to grow well. For short time, traders fit see good chance to make their position strong, but for long time, as Bitcoin dey control market, e fit make the price go up more, wey go make market dey bullish.