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Glassnode: Bitcoin has fallen below the 0.75 cost basis percentile, bear market signals are emerging.

According to Mars Finance, Glassnode stated on the X platform that Bitcoin has fallen below the 0.75 cost basis percentile, a level that historically marks the beginning of a Bear Market. Across multiple cycles, reclaiming and maintaining above this level has always been key to restoring long positions. The bulls would hope to see the price regain this level.

BTC-1.54%
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