Coinbase and Glassnode see Bitcoin breaking $90,000 by year-end
- —BTC unrealized profit/loss ratio rose from 0.11 to 0.38, back in the optimism zone
- —BTC supply dormant for over a year grew by roughly 340,000 coins
- —Spot BTC ETFs drew $7B in Q3 inflows, ETH ETFs $3.1B
- —ETH gained 71% in Q3, with profitable supply rising from 28% to 63%
Why it matters: The report sets Q4 markers: a break above $90,000–94,000 opens a euphoria phase, while a drop below $71,000 would break the bullish case.
Source: Bing News (crypto query)
More on this
Markets · Oct 15Bitcoin holds near $81,166 as selling pressure builds, analysts still see $150K by year-end
Markets · Oct 9Kalshi: Odds of Bitcoin Hitting $100K by Year-End Fall to 30%
Markets · Oct 6Bitcoin Caught Between Recovery and Bullish Momentum, Analysts Eye $90K–$95K by Year-End