Critical Level for Bitcoin Price: Investors Take Note!

Recently, the fluctuations in Bitcoin prices continue to attract the attention of investors. Falling below the 0.75 cost basis candle, the price is historically considered the first step towards entering a bear market. This important threshold poses a significant risk as it has been a level that Bitcoin (BTC) has long maintained.

Recent data provided by Glassnode reveals that the current weakness has transformed into a structural pullback. In financial markets, cost basis candles stand out as a critical metric that indicates 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 candle reinforces the bullish structure, while significant corrections often occur during periods when this level is breached. Therefore, investors are focused on whether this key level can be regained.

When this important indicator is lost, it should also be taken into account that the market has entered a bear market and recovery is only possible with the reclaiming 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 the behavior of short-term investors will be decisive during this period.

High volatility is expected in the markets in the coming days; in this case, the main scenario will shape around whether the price can regain the 0.75 cost basis candle. 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.