Glassnode: BTC price falls below the 0.75 cost basis percentile, historically marking a bear market zone
Foresight News reported that, according to Glassnode data, the BTC price has fallen below the 0.75 cost basis percentile line, a level that has historically marked the bear market zone. In different cycles, regaining and maintaining this level is crucial for restoring a bull market structure. Bulls are hoping to reclaim this level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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