Bitcoin’s Unrealized Losses Remain Low: Glassnode Analysis

Analysis from leading analytics platform Glassnode reveals that Bitcoin continues to exhibit a low unrealized loss rate, currently under 5%. This finding confirms the stability observed during recent price fluctuations. The data demonstrates resilience among long-term investors who have weathered market corrections and show confidence in the cryptocurrency’s future trajectory. Glassnode highlights that Bitcoin has reclaimed its critical support level at around 0.85 cost basis band, signaling potential for a resurgence if buyers maintain this zone. If this crucial area is lost, the market could potentially revisit lower price territory. Market observers are watching closely as Bitcoin navigates these shifts in momentum.