Bitcoin's supply in profit has surged to 98%, indicating a bullish market sentiment, although analysts caution about potential volatility and corrections ahead. The rapid increase in profitable supply from 87% to 98% within a week suggests strong profitability, but also hints at profit-taking risks that may lead to short-term price fluctuations. Analysts predict Bitcoin could reach $200,000 by 2025, largely hinging on sustained demand and broader market confidence. Popular analysts are optimistic about an impending breakout from a multi-year price channel, with targets set as high as $200,000 and some forecasts extending to $250,000. Notably, historical data shows that high profitability rates often precede market corrections, which investors should consider. Overall, market sentiment appears cautiously optimistic, supported by increasing institutional participation.

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