Bitcoin Profitability Nears 2022 Lows as BTC Price Slumps Below $82K: Analyst

Bitcoin’s profitability indicators have fallen close to levels last seen during the 2022 bear market as BTC slipped below $82,000, according to an analyst cited by CryptoPotato. The deterioration suggests a growing share of holders may be near breakeven or underwater, reflecting pressure from the price decline. While this may signal heightened stress and risk of further selling, historically depressed profitability can also emerge near market bottoms; it does not by itself confirm a reversal.