PANews reported on November 19th that Glassnode published an article on the X platform stating that Bitcoin has fallen below the 0.75 cost basis percentile, a level historically marking the beginning of a bear market. Throughout multiple cycles, regaining and maintaining above this level has been key to restoring a bullish trend. The bulls will want to see the price reclaim this level.PANews reported on November 19th that Glassnode published an article on the X platform stating that Bitcoin has fallen below the 0.75 cost basis percentile, a level historically marking the beginning of a bear market. Throughout multiple cycles, regaining and maintaining above this level has been key to restoring a bullish trend. The bulls will want to see the price reclaim this level.
Glassnode: Bitcoin has fallen below the 0.75 cost basis quantile, bearish signals emerging.
PANews reported on November 19th that Glassnode published an article on the X platform stating that Bitcoin has fallen below the 0.75 cost basis percentile, a level historically marking the beginning of a bear market. Throughout multiple cycles, regaining and maintaining above this level has been key to restoring a bullish trend. The bulls will want to see the price reclaim this level.
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