Bitcoin $107K buyers providing ‘early signals’ of 2026 bear-market bottom: Glassnode
Cointelegraph 2026-07-16 08:11:25
Context: Bitcoin buyers who purchased the cryptocurrency at around $107,000 are showing early signs that the 2026 bear market may be reaching its bottom, according to data from Glassnode. The realized losses in Bitcoin appear to be following a pattern that has previously indicated the end of bear markets. The $69,000 price level has emerged as a critical battleground for the current BTC price.
Key Facts
- According to Glassnode, Bitcoin buyers who purchased at around $107,000 are providing early signals that the 2026 bear-market bottom may be approaching.
- Bitcoin realized losses are mirroring a reversal structure that has marked previous bear-market bottoms, suggesting a potential end to the current bear market.
- The $69,000 price level has become a new battleground for the current BTC price, with its significance being closely watched by market analysts.