Bitcoin falls below key bear-market line, Glassnode analysis reveals

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Bitcoin falls below key bear-market line, Glassnode analysis reveals

Cryptobriefing2025/11/19 17:21

By:Cryptobriefing

Key Takeaways

Bitcoin has dropped below a crucial bear-market cost-basis level as identified by Glassnode.
Falling under this threshold signals Bitcoin is now in bear-market territory.

Bitcoin dropped below a critical bear-market threshold, specifically the 0.75 cost-basis quantile, according to analysis from Glassnode, an on-chain analytics firm that provides data-driven insights into cryptocurrency markets.

The break below this key cost-basis level signals Bitcoin’s entry into bear-market territory, with Glassnode noting that reclaiming this threshold is essential for restoring a bullish market structure.

The cryptocurrency is currently in a downtrend with momentum appearing oversold, though sell-side pressure is starting to ease, suggesting early signs of stabilization.

Long-term holders are moderating their distribution after weeks of heavy selling, indicating that aggressive supply pressure may be fading.

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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Bitget-RWA•2025/11/19 23:52