Nearly 7M Bitcoin Now Sitting At A Loss: Highest Unrealized Pain Since January 2024

Bitcoin is now holding ground around the $90K level as the market transitions into a new and uncertain phase. Sentiment is sharply divided: some analysts argue that the breakdown below $100K marks the beginning of a new bear market, while others believe Bitcoin is setting the stage to break its traditional four-year cycle and rally… Continue reading Nearly 7M Bitcoin Now Sitting At A Loss: Highest Unrealized Pain Since January 2024

This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals

The on-chain analytics firm Glassnode has revealed in a report how this historical bear market confirmation is yet to appear for Bitcoin in the current cycle. Bitcoin Unrealized Loss Hasn’t Spiked For Long-Term Holders Yet In its latest weekly report, Unrealized Loss” is an on-chain indicator that measures the total amount of loss that the… Continue reading This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals