Bitcoin Profit Supply Drops to 91%—Swissblock Flags Critical Support Range

Swissblock has issued a new market update, highlighting that the percentage of Bitcoin (BTC) supply currently in profit has dropped back to around 91%, down from unsustainably high levels flagged earlier in the week.

The firm emphasizes that this retracement could be a healthy reset—but only if Bitcoin holds a key support zone between $12.5K and $14K.

According to the firm’s tweet, a high number of profitable accounts without strong momentum historically signals vulnerability to pullbacks. As profit-taking intensifies, any break below this inflection zone could trigger a shift from a strategic to a more tactical market environment, requiring faster decision-making and increased risk management.

The included chart, powered by Glassnode, shows BTC’s percent supply in profit (orange line) versus price (black line). After peaking above 97% earlier this year, the metric has now cooled, landing in what Swissblock describes as a “critical zone for bullish continuation.”

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The firm notes that its @bitcoinvector and @altcoinvector clients have been closely monitoring this range for weeks, treating it as a make-or-break level for sustaining the broader uptrend. A hold here would likely strengthen bullish confidence heading into Q4 2025, while a breakdown could shift sentiment toward defensive positioning.

Traders are now watching for confirmation signals at this key junction.