Bitcoin is still stuck below major on-chain cost-basis levels, and Glassnode says the market may be in the late stages of a bottoming process — not a confirmed reversal. ETF flows, holder losses, and weak sentiment still leave room for more pain.
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Bitcoin is sitting on a knife edge near $73,500 after pulling back hard from roughly $78,000, and one on-chain support level around $72,400 is now doing the sort of heavy lifting usually reserved for overworked bartenders and unpaid interns. BTC fell from about $78,000 earlier this week Price is stabilizing near $73,500 for now $72,400 […]
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Bitcoin is stuck in the high-$70,000 range, but one on-chain signal says the market may be closer to a cycle bottom than most traders want to believe. The price action looks tired, sentiment is sour, and the data suggests the deepest pain could still be ahead before any real recovery begins. Bitcoin holds $76K support […]
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Bitcoin’s April rebound has put the market at a familiar line in the sand: keep the reclaimed support, or risk getting shoved back into a deeper correction. One on-chain model says the key level sits near $73,700, and BTC has already pushed back above it. Key support: $73,700, the -0.5 MVRV valuation band Bullish target: […]
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