Bitcoin's 3:1 Profit Ratio: Is a Local Top Imminent? A Deep Dive The Bitcoin market is currently exhibiting a fascinating dynamic: a surge in profitable transactions. On-chain data from analytics firm Santiment reveals that the ratio of profit to loss transactions has reached a 12-week high of 2.95. This means for every loss-taking transfer, nearly three transactions are realizing profits. Historically, such spikes have often foreshadowed short-t...