BTC Buyers at $107K Flash Early Bottom Signals
Join Us: BTC Trading Club Telegram – https://telegram.me/btctradingclub Bitcoin realized losses appeared to be copying a reversal structure that marked previous bear-market bottoms, with $69,000 a new BTC price battleground. Bitcoin (BTC) “cycle peak buyers” could already be pointing the way to the next bear-market bottom. Bitcoin hodlers who bought BTC one to two years ago are cooling selling pressure. The cohort’s realized losses have led to market bottoms once their uptrend reverses, Glassnode data shows. Speculators’ cost basis reinforces the next BTC price battleground at $69,000. Glassnode: Bitcoin realized loss reversal “worth watching closely” In an X post on Friday, Cryptovizart, the pseudonymous lead research analyst at onchain analytics platform Glassnode, showed a classic bottom signal potentially repeating. The latest in a series of such signals, the latest puts buyers who bought BTC in the latter part of the bull market in focus. “On...