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#cost-basis-distribution News & Analysis

1 article tagged with #cost-basis-distribution. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

1 articles
CryptoBearishNewsBTC · 3h ago7/10
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Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals

Glassnode analyst CryptoVizArt reveals that Bitcoin's sustained recovery depends on supply held by underwater investors above $80,000 gradually transferring to new buyers at lower price levels. With approximately 495,000 BTC clustered in the $80k-$126k range representing cycle-high purchases, these holders create selling pressure near break-even levels that has historically capped recovery rallies.

Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals
$BTC$DOGE🧠 DALL E