Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals

The lead research analyst at Glassnode has highlighted how the Bitcoin supply clustered at the top levels might have to shift down before a sustained recovery can take shape. Bitcoin Cost Basis Distribution Shows Massive Supply Above $80,000 In a new Cost Basis Distribution (CBD). The CBD is an on-chain indicator that tells us about… Continue reading Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals

Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support?

On-chain analytics firm Glassnode has highlighted how the latest Bitcoin rejection came inside a zone containing some historically important cost basis levels. Bitcoin Could Find Support At -1 SD Of The STH Realized Price Next In its latest weekly report, Glassnode has talked about a key cost basis zone that Bitcoin retested recently. The region… Continue reading Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support?

Bitcoin Hits $78,000—All Eyes On $80,700 Cost Basis?

On-chain data shows the cost basis of the Bitcoin short-term holders is located at $80,700, a level that could come into focus after the latest rally. Bitcoin Is Nearing The Short-Term Holder Realized Price In a new Realized Price” here refers to an on-chain metric that keeps track of the average cost basis or acquisition… Continue reading Bitcoin Hits $78,000—All Eyes On $80,700 Cost Basis?

Bitcoin Surges To $72,000, But Remains Stuck In Key Supply Zone

On-chain data shows Bitcoin has been trading inside a major cost-basis cluster recently, and the latest rally hasn’t taken it past the range either. Bitcoin URPD Shows Significant Supply Has Cost Basis Near Current Levels In a new UTXO Realized Price Distribution (URPD) of Bitcoin. This on-chain indicator tells us about the amount of BTC… Continue reading Bitcoin Surges To $72,000, But Remains Stuck In Key Supply Zone

These 3 Signals Mark Bear Market Exits—Bitcoin Has Yet To Trigger Them

Bitcoin is still far from triggering the three signals that have historically appeared at the end of bear markets, according to analyst Willy Woo. Bitcoin Is Still Trading Far Below The Cost Basis Of Recent Investors In a new bear markets. The first signal is the price breaking the cost basis of the short-term holders… Continue reading These 3 Signals Mark Bear Market Exits—Bitcoin Has Yet To Trigger Them

Bitcoin At Key Retest: Bounce Or $98,000 Next?

On-chain data shows Bitcoin is currently retesting a historically significant level that has often decided the course of the cryptocurrency’s price. Bitcoin Is Retesting The 0.85 Supply Quantile In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin is retesting a level that has historically been a “make-or-break” one for… Continue reading Bitcoin At Key Retest: Bounce Or $98,000 Next?

Bitcoin Cost Basis Map Reveals Key War Zone Between Bulls & Bears

On-chain analytics firm Glassnode has revealed a Bitcoin price range that defines the current battleground between recent buyers and profit-takers. Bitcoin Cost Basis Distribution Shows Where Resistance & Support Are Strongest In a new Cost Basis Distribution (CBD). This indicator basically tells us about the total amount of supply that last changed hands at the… Continue reading Bitcoin Cost Basis Map Reveals Key War Zone Between Bulls & Bears

Bitcoin Price Holds Steady Around $118,000 — Here Are The Next Crucial Levels

The Bitcoin price has been on an interesting trajectory over the past few weeks, setting new all-time highs along the way. More recently, the premier cryptocurrency surged to a new all-time high above the $124,100 mark. The Bitcoin price has since succumbed to significant bearish pressure, hovering around the $118,000 region for most of the… Continue reading Bitcoin Price Holds Steady Around $118,000 — Here Are The Next Crucial Levels

$141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says

A new Glassnode report has revealed that $141,000 could end up being the next major resistance for Bitcoin, should its price break convincingly higher. Bitcoin Is Currently Trading Between These Two STH Pricing Bands In its latest weekly report, the on-chain analytics firm Short-Term Holder (STH) Cost Basis and some pricing bands derived from it.… Continue reading $141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says

This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode

The on-chain analytics firm Glassnode has highlighted the $97,000 to $98,000 zone as an important one for Bitcoin. Here’s why. Bitcoin CBD Suggests Build Up Of Supply In This Range In a new Cost Basis Distribution (CBD) is an indicator that measures the amount of the BTC supply that investors last purchased or transferred at… Continue reading This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode