CryptoNeutralBlockonomi · 4h ago7/10
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Where Is the Bitcoin Bottom? Glassnode Data Identifies the Most Likely BTC Floor Zones
Glassnode analysis identifies the $46K-$54K range as the most likely Bitcoin bottom zone, with the CVDD model near $46K historically serving as a reliable support during cycle lows. Bitcoin has fallen below the median holder's breakeven level for the first time since 2022, though shallowing drawdowns suggest a higher floor than previous bear markets.
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