Where Is the Bitcoin Bottom? Glassnode Data Identifies the Most Likely BTC Floor Zones

TLDR: Bitcoin has fallen below the median holder’s breakeven level for the first time since 2022. Glassnode data identifies the $46K-$54K range as the highest-probability Bitcoin bottom zone. The CVDD model near $46K has historically served as a reliable anchor during cycle lows. Bitcoin’s drawdowns are becoming shallower, supporting a higher floor than prior bear [...]

The post Where Is the Bitcoin Bottom? Glassnode Data Identifies the Most Likely BTC Floor Zones appeared first on Blockonomi.