Critical Level for Bitcoin Price: Investors Pay Attention!

Recently, the volatility in Bitcoin prices continues to attract the attention of investors. The price dropping below the 0.75 cost basis threshold is historically seen as the first step towards entering a bear market. This important threshold poses a significant risk signal as it has been a level that Bitcoin (BTC) has maintained for a long time.

Recent data provided by Glassnode reveals that the current weakness has transformed into a structural pullback. In the financial markets, cost basis thresholds stand out as a critical metric showing the average entry levels of investor groups. When examining past cycles, it is known that Bitcoin’s price maintaining above the 0.75 cost basis threshold reinforces the bullish structure, while periods falling below this level frequently see sharp corrections. Therefore, investors are focusing on whether this key level can be regained.

When this important indicator is lost, it should also be considered that the market has entered a bear market and recovery is only possible with the regaining of this level. With the recent decline in Bitcoin prices moving away from this critical threshold, on-chain data shows that the market is struggling to find direction. Experts emphasize that particularly short-term investor behavior will be decisive during this period.

High volatility is expected in the markets in the coming days; in this case, the main scenario will focus on whether the price can regain the 0.75 cost basis threshold. If this level cannot be reclaimed, it is stated that it will be difficult for the bullish structure to fully recover. Therefore, monitoring this level, which is critical for investors, is of great importance for making strategic decisions.