Glassnode: Bitcoin Nears Buyer Breakeven as Selling Pressure Builds
- —Average cost basis is about $89,000 for 6–12 month buyers and $97,000 for 1–2 year buyers
- —With BTC near $84,673, those cohorts need gains of roughly 5% and 15% to break even
- —2025 rally buyers are moving the most coins per day this year on a 7-day average
- —Dip buyers are not moving coins; a weekly close above $87,500 is needed to strengthen a rebound
Why it matters: The $89,000 and $97,000 levels may act as resistance on any recovery, while a drop below $80,000 would intensify selling pressure.
Source: DiarioBitcoin