Bitcoin drops below 0.95 cost basis quantile, signaling potential risk: Glassnode
Key Takeaways Bitcoin fell below the 0.95 Cost Basis Quantile, a level linked to profit-taking activity. Remaining below this threshold may increase downside risk for Bitcoin, with key support between $105,000 and $90,000. Share this article Bitcoin fell below the 0.95 Cost Basis Quantile today, entering a zone typically associated with profit-taking activity, according to … Read more