Bitcoin Holders Reduce Loss-Selling, Glassnode Sees Early Signal
Bitcoin holders who bought in 2024–2025 are selling at a loss less frequently, a pattern that historically precedes the end of a sell-off. Glassnode calls it an early signal but not a bottom confirmation, with $69,000 as the next key level.
Losses among Bitcoin investors who purchased the cryptocurrency in 2024–2025 have begun to decline, according to on-chain data. In past market cycles, such a trend has often appeared just before a sell-off concludes.
Analytics firm Glassnode describes this as an early signal, but stresses it is not a definitive confirmation of a bottom. The next critical price level to watch is $69,000, around which many recent buyers would break even and could start selling.
While the reduced loss-selling points to improving sentiment, the presence of that overhead supply at $69,000 may limit upside in the near term.
Source: ForkLog