#glassnode

ForkLog UA

@forklog.com.ua

12 hours ago

Біткоїн тестував опір на рівні $74 000 - ForkLog UA 16 березня ціна біткоїна прорвала опір і торкнулася $74 450. Ринок підтримав притік капіталу в спотові ETF.

16 березня ціна біткоїна прорвала опір і торкнулася $74 450. Ринок підтримав притік капіталу в спотові ETF.

#CryptoQuant #Glassnode #біткоїн #ОнчейнАналіз #ЦінаБіткоїна

Crypto News

@crypto.at.thenote.app

12 hours ago

Bitcoin MVRV Bands Reveal Crucial Price At $73,726 Level – Details Bitcoin has traded steadily between $70,000 and $72,000 recently, showing little significant price movement. This period of calm follows its recent surge above the $70,000 resistance level. On-chain data suggests key levels for investors to watch for Bitcoin's next major price movement. Analyst Ali Martinez identifies a significant barrier at $73,726 based on Glassnode's MVRV Pricing Bands. These bands help determine if Bitcoin is undervalued, fairly valued, or overvalued. Currently, Bitcoin is trading below the -0.5 band, a support level for bull markets. If Bitcoin breaks decisively above $73,726, it could surge towards $95,894, considered its fair market value. Sustained demand might push Bitcoin to $118,062, a zone of bullish expansion. However, prices above $140,229 represent extreme overvaluation and risk a pullback. Conversely, rejection at $73,726 could lead to a drop to the realized price of $54,703. At press time, Bitcoin trades around $71,626 with decreased daily trading volume. Weekly and monthly gains, along with revived ETF markets, suggest potential for recovery, though it is still early to confirm.

Bitcoin MVRV Bands Reveal Crucial Price At $73,726 Level – Details

Bitcoin has traded steadily between $70,000 and $72,000 recently, showing little significant price movement. This period of calm follows its recent surge above the $70,000 resistance level. On-chain data …
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

1 day ago

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows Glassnode's on-chain analytics reveal a thin accumulation band for Bitcoin during its recent consolidation. The Bitcoin Short-Term Holder (STH) Cost Basis Distribution (CBD) tracks supply purchased within 155 days at various price levels. In November, a large supply cluster formed at price lows, indicating significant accumulation after a market crash. This dense zone initially acted as support, but Bitcoin's price eventually fell below it, placing these tokens underwater. The November-January consolidation also saw less intense accumulation at higher price levels, signaling active trading. However, the current sideways movement shows neither strong dip buying nor a significant supply cluster buildup. While some buying is occurring in the $62k-$72k range, its intensity is modest compared to previous periods that led to sustained growth. This indicates a relatively weak foundation for a mid-term breakout, as noted by Glassnode. The development of this supply range in the near future remains a key point to observe.

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows

Glassnode's on-chain analytics reveal a thin accumulation band for Bitcoin during its recent consolidation. The Bitcoin Short-Term Holder (STH) Cost Basis Distribution (CBD) tracks supply purchas…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 day ago

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode Glassnode, an on-chain analytics firm, analyzes Bitcoin's short-term holder (STH) profitability. The "Supply in Profit" metric, measuring profitable BTC held by STHs, is key. STHs, those holding for under 155 days, are often considered less committed investors. Currently, STH supply in profit is below 50%, indicating many are underwater. Historically, this suppressed demand and limited market growth. Glassnode suggests that a flip back above 50% is a precondition for a sustained price recovery. This occurred before, triggering a significant Bitcoin rally. The firm views this level as crucial for any future recovery. Bitcoin's current price is attempting to break the $72,000 level. The analysis connects STH profitability to broader market trends. The article hints towards a potential future price surge.

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

Glassnode, an on-chain analytics firm, analyzes Bitcoin's short-term holder (STH) profitability. The "Supply in Profit" metric, measuring profitable BTC held by STHs, is key. STHs, those holding for under 155 …
#btc #crypto #glassnode

ForkLog UA

@forklog.com.ua

3 days ago

Ончейн-дані не підтвердили готовність біткоїна до зростання - ForkLog UA Біткоїн пройшов «стрес‑тест» геополітичною напругою на Близькому Сході. Втім, ончейн‑метрики свідчать про недолік сил у биків для середньострокового прориву, зазначили в Glassnode.

Біткоїн пройшов «стрес‑тест» геополітичною напругою на Близькому Сході. Втім, ончейн‑метрики свідчать про недолік сил у биків для середньострокового прориву, зазначили в Glassnode.

#CryptoQuant #Glassnode #біткоїн #ОнчейнАналіз

Crypto News

@crypto.at.thenote.app

3 days ago

Bitcoin selling intensifies across all wallet sizes despite price holding near $70,000 Glassnode’s Accumulation Trend Score drops to 0.04 as smaller wallet cohorts offload BTC while macro headwinds intensify.

Bitcoin selling intensifies across all wallet sizes despite price holding near $70,000

Glassnode’s Accumulation Trend Score drops to 0.04 as smaller wallet cohorts offload BTC while macro headwinds intensify.
#btc #crypto #glassnode

ForkLog UA

@forklog.com.ua

4 days ago

Опціонні трейдери роблять ставку на зростання біткоїна до $80 000 - ForkLog UA Котирування біткоїна стабілізувалися біля позначки $70 000 після нещодавнього сплеску волатильності. Попри макроекономічний тиск, учасники ринку опціонів налаштовані на продовження ралі з прицілом на ...

Котирування біткоїна стабілізувалися біля позначки $70 000 після нещодавнього сплеску волатильності. Попри макроекономічний тиск, учасники ринку опціонів налаштовані на продовження ралі з прицілом на $80 000 на початок літа.

#Deribit #ETF #Glassnode #QCPCapital #АналізРинку #біткоїн

Crypto News

@crypto.at.thenote.app

5 days ago

Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak Bitcoin is showing signs of stabilization after a recent price drop, but a decisive bullish trend isn't yet confirmed. Glassnode's analysis indicates marginal improvements in the market, despite subdued spot activity and capital flows. ETF activity remains a strong point with increasing inflows and trading volumes. However, overall conditions are stabilizing, yet capital flows remain soft, highlighting market fragility. Spot markets show mixed signals, with improved momentum but heavier sell-side pressure and lower volume. Derivatives markets reveal complex dynamics, with increasing leverage but divided directional alignment among traders. Options markets appear less defensive, suggesting moderating fear and easing demand for downside protection. US spot ETFs are a clear area of strength, but even there, ETF holder profitability is diminishing. On-chain data indicates a quieter network with rising transfer volume and easing outflows. Profitability metrics are improving, but the market is still dominated by older capital. Glassnode's overall assessment is that Bitcoin's market structure is steadier, but a convincing rebound requires stronger spot demand. Finally, the analysis was conducted amidst a trading price of roughly $70,755 for one Bitcoin.

Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

Bitcoin is showing signs of stabilization after a recent price drop, but a decisive bullish trend isn't yet confirmed. Glassnode's analysis indicates marginal improvements in the market, despite subdued sp…
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

5 days ago

Traders snapped up nearly 600,000 BTC as bitcoin dipped below $70,000, blockchain data show Glassnode data shows strong demand during bitcoin’s recent correction, with 200,00 BTC purchased over the past two weeks.

Traders snapped up nearly 600,000 BTC as bitcoin dipped below $70,000, blockchain data show

Glassnode data shows strong demand during bitcoin’s recent correction, with 200,00 BTC purchased over the past two weeks.
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

5 days ago

XRP Investors In Pain: $50 Billion Worth Of Supply Now In Loss On-chain data reveals XRP's supply underwater has reached historical highs after a market downturn. Approximately 36.8 billion XRP tokens are currently held at a loss. Glassnode, an on-chain analytics firm, reported this trend in the XRP Total Supply in Loss. This metric identifies tokens whose last movement price was higher than the current spot price. Conversely, the Total Supply in Profit tracks tokens with a cost basis lower than the current price. The XRP Total Supply in Loss saw a significant rise in the last quarter of 2025, aligning with a broader bearish shift in the crypto sector. The current value of 36.8 billion XRP is notably high, only surpassed once in the current cycle. In USD terms, the XRP Total Supply in Loss recently hit an unprecedented peak, indicating increased capital investment over time. Approximately $50 billion worth of XRP supply is currently in a state of loss. High investor pain often precedes market bottoms, suggesting a potential bottom for XRP could be near. Currently, XRP is trading around $1.35.

XRP Investors In Pain: $50 Billion Worth Of Supply Now In Loss

On-chain data reveals XRP's supply underwater has reached historical highs after a market downturn. Approximately 36.8 billion XRP tokens are currently held at a loss. Glassnode, an on-chain analytics firm, repo…
#crypto #glassnode #xrp

Crypto Economy

@cryptoeconomy.bsky.social

1 week ago

Glassnode Data Reveals Majority of XRP Investors Deep in Red - Crypto Economy Glassnode data shows about 60% of XRP’s circulating supply is underwater, with 36.8 billion tokens in loss and roughly $50.8 billion unrealized.

📉 XRP investors fall into losses

Glassnode reports that most XRP holders are currently underwater following recent market movements.

#XRP #Crypto #Markets #OnChain #Glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year Most majors gave back Friday's gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin's supply now sitting at a loss according to Glassnode data.

Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year

Most majors gave back Friday's gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin's supply now sitting at a loss according to Glassnode data.
#btc #glassnode #solana

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Spot ETFs See 14-Day Netflows Surge: Demand Returning? Bitcoin spot exchange-traded funds (ETFs) have recently experienced a positive shift in their 14-day netflow trend, ending a period of sustained outflows. Glassnode, an on-chain analytics firm, highlighted this development, noting a sharp rise into positive territory for these US-based funds. Spot ETFs, approved by the SEC in January 2024, offer investors indirect exposure to Bitcoin, proving popular among traditional investors. The convenience of these vehicles allows funds to buy and custody on-chain tokens on behalf of investors. Earlier, the netflow trend was consistently negative, indicating prevailing selling pressure from ETF users. However, with the recent surge, the trend has flipped, coinciding with Bitcoin’s rally above $70,000. Glassnode suggests these are early signs of re-accumulation, though institutional demand remains tentative. Alongside this, the Binance Bitcoin Net Taker Volume has also seen a significant positive spike. This indicator tracks the difference between taker buy and taker sell volumes on the exchange. The 7-hour moving average of this volume reached close to $100 million, signaling strong taker buy volume. Bitcoin is currently trading around $71,000, reflecting a more than 5% increase over the last seven days.

Bitcoin Spot ETFs See 14-Day Netflows Surge: Demand Returning?

Bitcoin spot exchange-traded funds (ETFs) have recently experienced a positive shift in their 14-day netflow trend, ending a period of sustained outflows. Glassnode, an on-chain analytics firm, highlighted th…
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Historically Bottoms Between These MVRV Levels—Where Are They Now? An analyst highlights Bitcoin's historical bottoming pattern using the MVRV Pricing Bands. This on-chain model is based on the MVRV Ratio, comparing Bitcoin's market cap to its realized cap. The MVRV Ratio indicates the overall profit or loss status of Bitcoin holders. A ratio above 1.0 signifies net unrealized profit, while below 1.0 indicates net losses. High ratios generally precede market tops due to increased profit-taking. Conversely, low ratios often signal market bottoms as selling exhaustion occurs. Glassnode developed MVRV Pricing Bands to identify key Bitcoin price levels corresponding to specific MVRV Ratios. Bitcoin has recently traded below the 2.4 and 3.2 bands, signifying significant profit realization risk. Despite recent bearish momentum, Bitcoin's price has remained above the 1.0 MVRV level, indicating overall investor profit. Historically, Bitcoin has consistently bottomed out between the 1.0 and 0.8 MVRV Pricing Bands. These levels are currently around $54,000 and $43,000, respectively. Whether Bitcoin will retest this historical bottoming zone or find a low earlier remains to be seen. Bitcoin has already broken one previous pattern by not breaching the 3.2 MVRV level this cycle.

Bitcoin Historically Bottoms Between These MVRV Levels—Where Are They Now?

An analyst highlights Bitcoin's historical bottoming pattern using the MVRV Pricing Bands. This on-chain model is based on the MVRV Ratio, comparing Bitcoin's market cap to its realized cap. The MVRV…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile.

Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak

U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile.
#btc #cryptoetf #glassnode

ForkLog UA

@forklog.com.ua

1 week ago

Аналітики назвали прорив $74 000 головною умовою нового ралі біткоїна - ForkLog UA Ціна біткоїна зросла на 7% за тиждень на тлі притоку коштів у ETF. Подальший напрямок ринку залежить від прориву історичного діапазону $73 750–74 400, вважає аналітик CoinDesk Омкар Годбоул.

Ціна біткоїна зросла на 7% за тиждень на тлі притоку коштів у ETF. Подальший напрямок ринку залежить від прориву історичного діапазону $73 750–74 400, вважає аналітик CoinDesk Омкар Годбоул.

#Glassnode #АналізРинку #біткоїн #думка #ЧаматПаліхапітія

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin rebounds toward $70,000 as ETFs pull in $1.45 billion in five days Market maker Enflux says traders are not pricing catastrophe or resolution to the conflict in the Middle East, while Glassnode data shows improving spot demand but cautious derivatives positioning.

Bitcoin rebounds toward $70,000 as ETFs pull in $1.45 billion in five days

Market maker Enflux says traders are not pricing catastrophe or resolution to the conflict in the Middle East, while Glassnode data shows improving spot demand but cautious derivatives positioning…
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin Price Could Bottom Out At $51,000 Based On These Pricing Bands Bitcoin experienced a significant negative price performance towards the end of February, signaling a possible ongoing bear market. Analyst Ali Martinez highlighted important support levels using MVRV pricing bands to predict potential price bottoms. MVRV bands are an on-chain tool assessing investor profitability, acting as support and resistance indicators. The analysis suggests the potential bottom for this bear market resides between $51,558 and $54,703, based on Glassnode data. The -1 standard deviation MVRV band, represented by a purple line, has historically marked reversal points during past bear markets. Reaching the purple line suggests a deep capitulation phase, potentially signaling a price bottom. If Bitcoin rebounds from its current level, it faces resistance at around $73,726, according to MVRV bands. The -0.5 standard deviation line indicates an accumulation zone where investors might sell. These MVRV bands offer insights into possible Bitcoin price turning points in the near future. The current Bitcoin price is approximately $65,800, experiencing a 2% decrease in the last day. The analysis focuses on these key price levels to understand the possible future movements of Bitcoin. This report relies on on-chain data and technical analysis to predict Bitcoin's price movements.

Bitcoin Price Could Bottom Out At $51,000 Based On These Pricing Bands

Bitcoin experienced a significant negative price performance towards the end of February, signaling a possible ongoing bear market. Analyst Ali Martinez highlighted important support levels using MVRV pr…
#btc #crypto #glassnode

@cryptoquorum.bsky.social

2 weeks ago

Crypto Market Today Explained: 2026 Trends & Data Get the crypto market today explained with data from CoinMarketCap and Glassnode. Stay ahead of the latest 2026 digital asset trends.

Crypto Market Today Explained: Navigating the 2026 Digital Asset Landscape cryptoquorum.com/crypto-marke... #CryptoMarket #Bitcoin2026 #Ethereum #DeFi #Glassnode #MarketAnalysis #CryptoNews #Blockchain #CryptoQuorum #Web3

Crypto News

@crypto.at.thenote.app

2 weeks ago

Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000 Expert trader Tony Severino, known for predicting Bitcoin's peak, suggests a potential crash to $4,000. He sees a possible Head-and-Shoulder pattern forming, indicating a significant price decline. Severino advises traders to adapt to the market’s cycles and ranges. While pinpointing a bottom is difficult, he believes Bitcoin is already bottoming on shorter timeframes. He previously predicted a 72% drawdown, implying a bottom around $34,000. Veteran trader Peter Brandt also forecasts Bitcoin potentially reaching $40,000. Bitcoin's struggle to break resistance suggests risks remain despite recent gains. On-chain data from Glassnode shows profit-taking at $70,000 is hindering further advances. Analyst Willy Woo warns that a global macro downturn could bring Bitcoin to $30,000, with $16,000 a crucial support level. Woo anticipates a bear market bottom around $45,000 before a potential rebound, but suggests bearish trends will persist until late 2026 or early 2027.

Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000

Expert trader Tony Severino, known for predicting Bitcoin's peak, suggests a potential crash to $4,000. He sees a possible Head-and-Shoulder pattern forming, indicating a significant…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin Yet To See Meaningful Capital Return, Glassnode Says Glassnode's analysis focuses on Bitcoin accumulation trends, particularly among large investors. The Accumulation Trend Score, indicating whether investors are accumulating or distributing, is the key metric. The score considers wallet balance changes and wallet sizes to gauge investor behavior. A score above 0.5 suggests accumulation. The analysis reveals that the Bitcoin accumulation trend has been relatively weak recently. Following the November price crash, there was strong accumulation, but this shifted to distribution during January's price rally. The subsequent price drop saw some accumulation, though not as strong. The Accumulation Trend Score has struggled to surpass 0.5 since early February. Glassnode suggests that this indicates persistently weak accumulation from larger entities. This highlights that significant capital has not yet returned to the Bitcoin market. The analysis concludes by noting the uncertain outlook for Bitcoin’s future trajectory.

Bitcoin Yet To See Meaningful Capital Return, Glassnode Says

Glassnode's analysis focuses on Bitcoin accumulation trends, particularly among large investors. The Accumulation Trend Score, indicating whether investors are accumulating or distributing, is the key metric. The…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Over 400,000 BTC bought between $60k and $70k during bitcoin’s latest downturn Glassnode data shows a 43% surge in supply clustered in the $60K to $70K range following bitcoin’s 50% decline from its October all time high.

Over 400,000 BTC bought between $60k and $70k during bitcoin’s latest downturn

Glassnode data shows a 43% surge in supply clustered in the $60K to $70K range following bitcoin’s 50% decline from its October all time high.
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin Wipes Out Gains, Sentiment Sinks To Historic Fear: Analysts

Bitcoin experienced a recent price drop, causing significant losses for late investors and triggering mass liquidations. Over half a billion dollars in positions were liquidated, with the majority bei…
#btc #fearandgreed #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase.

Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses

On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-b…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

3 weeks ago

‘Resilient’ Bitcoin holders defend BTC, but bear floor sits 20% lower: Glassnode

Bitcoin trades in a tight demand zone that formed in 2024, but previous bear market data suggests the channel will break and lead to new lows.
#btc #crypto #glassnode

ForkLog UA

@forklog.com.ua

3 weeks ago

Криптофонди вперше обнулили позиції в біткоїні та Ethereum - ForkLog UA Корекція на крипторинку змусила багатьох професійних інвесторів перейти в ліквідні активи або збільшити частку грошових коштів у портфелях. Про це пише Bloomberg.

Корекція на крипторинку змусила багатьох професійних інвесторів перейти в ліквідні активи або збільшити частку грошових коштів у портфелях. Про це пише Bloomberg.

#Bloomberg #Glassnode #АналізРинку #думка #ЦінаБіткоїна

Crypto News

@crypto.at.thenote.app

3 weeks ago

Bitcoin Accumulation Notably Weaker Than Nov 2025 Bounce: Glassnode Glassnode reports that recent Bitcoin accumulation has been weaker compared to past crashes. The Bitcoin Accumulation Trend Score, which tracks investor accumulation or distribution, indicates this trend. This score factors in wallet balance changes and balance size, giving more weight to larger entities. A score above 0.5 suggests accumulation, with values closer to 1.0 indicating stronger behavior. Conversely, a score below 0.5 implies distribution. Following Bitcoin's January rally peak and subsequent decline, the score initially suggested distribution. While the score has since risen above 0.5 as Bitcoin stabilized above $65,000, the degree of accumulation is not substantial. This contrasts with previous crashes like November, LUNA, and FTX in 2022, which saw aggressive accumulation, indicated by a deep purple shade on the chart. The current lack of strong demand might prolong Bitcoin's "settling into a low" phase. Furthermore, Glassnode also noted that Bitcoin's current price is trading below all major on-chain pricing models except the Realized Price, which stands at $54,900. Bitcoin's price has stagnated around $68,000 after recovering from $60,000.

Bitcoin Accumulation Notably Weaker Than Nov 2025 Bounce: Glassnode

Glassnode reports that recent Bitcoin accumulation has been weaker compared to past crashes. The Bitcoin Accumulation Trend Score, which tracks investor accumulation or distribution, indicates this trend. This…
#btc #ftx #glassnode

ForkLog UA

@forklog.com.ua

3 weeks ago

Glassnode: довгострокові біткоїн-інвестори зафіксували значні збитки - ForkLog UA Падіння ціни біткоїна до $60 000 спричинило на довгострокових холдерів (LTH) психологічний тиск, співмірний із крахом екосистеми Terra (LUNA) у травні 2022 року. Такого висновку дійшли аналітики Glass...

Падіння ціни біткоїна до $60 000 спричинило на довгострокових холдерів (LTH) психологічний тиск, співмірний із крахом екосистеми Terra (LUNA) у травні 2022 року. Такого висновку дійшли аналітики Glassnode.

#Glassnode #біткоїн #теханаліз #ЦінаБіткоїна

Crypto News

@crypto.at.thenote.app

1 month ago

Bitcoin NUPL Back In Hope/Fear Region: What Happens Next? The Bitcoin Net Unrealized Profit/Loss (NUPL) has recently fallen to 0.18. This metric assesses the overall profit or loss held by Bitcoin investors. It compares the acquisition price of Bitcoin to its current market price. A positive NUPL signifies that investors are holding unrealized profits. Historically, high NUPL levels have coincided with Bitcoin rallies, indicating widespread investor optimism. Following periods of euphoria, NUPL has typically declined into the zone between 0.25 and 0.5. While Bitcoin previously recovered from earlier drops in this range, the current downturn has been more prolonged. The current NUPL of 0.18 suggests that profits are still present but are significantly reduced. This level falls within the "hope/fear" zone according to Glassnode. In this regime, rallies often face selling pressure, and prices can continue to fall as investor confidence wanes. The last significant NUPL drop into a similar territory occurred during the 2022 bear market. Back then, the metric eventually moved into the "extreme fear" zone, indicating net losses for most investors. It remains to be seen how long Bitcoin will stay in this current hope/fear zone and what market sentiment will follow.

Bitcoin NUPL Back In Hope/Fear Region: What Happens Next?

The Bitcoin Net Unrealized Profit/Loss (NUPL) has recently fallen to 0.18. This metric assesses the overall profit or loss held by Bitcoin investors. It compares the acquisition price of Bitcoin to its current market…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 month ago

Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” adding that a prolonged consolidation period may lie ahead for BTC even if traders are actively buying dips to the range lows.

Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price

Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” adding that a prolonged consolidation period may lie ahead for BTC even if traders are actively buying dips to the range low…
#btc #crypto #glassnode