Bitcoin Supply-Loss Chart Flashes Possible Bottom Signal — Is Reversal Emerging?

The cryptocurrency market is currently facing significant challenges, with the Bitcoin Supply-Loss Chart signaling a possible bottom. This chart tracks the total amount of Bitcoin held by addresses where the current market price is below the average cost basis, indicating that many investors are underwater on their investments. As of November 5, 2025, the supply in loss had risen to 5.639 million BTC, up from 5.159 million BTC in April of the same year. Such high levels typically reflect fear and capitulation among investors, suggesting a potential market bottom. This situation is compounded by a sharp spike in losses observed in October 2025, where losses surged by 30%. Experts predict that Bitcoin may bottom out in the coming months, with forecasts suggesting a price range between $38,000 and $50,000. Understanding these dynamics is essential for investors as they navigate the complexities of the cryptocurrency market.