According to CoinMeta, recently the price of Bitcoin broke through to $80,000, rebounding from a low of $62,000, which helped most investors recover their losses. Analysis from the crypto analysis platform CryptoQuant shows that 69% of the Bitcoin supply is currently in a profitable state, which provides a bullish outlook for Bitcoin, indicating that many holders have regained levels above their purchase prices and boosting investor confidence. However, indicators of the overall Bitcoin supply present a complex situation that has raised concerns among market analysts. Data shows that the profitable supply of Bitcoin has remained above 50% for most of the current cycle, and only fell below this level for 15 days. Although the profitable supply constitutes the majority, data also indicates that $617 billion in capital is still in a loss-making state, with many investors yet to recoup their gains.