Critical Level for Bitcoin Price: Investors Beware!

Recently, the fluctuations in Bitcoin prices continue to attract the attention of investors. The price falling below the 0.75 cost basis threshold is historically considered 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 financial markets, cost basis thresholds stand out as a critical metric that indicates the average entry levels of investor groups. When past cycles are examined, maintaining the Bitcoin price above the 0.75 cost basis threshold reinforces the bullish structure, while periods when the price falls below this level experience frequent sharp corrections. Therefore, investors are focusing on whether this key level can be regained.

When this important indicator is lost, it should also be noted that the market has entered a bearish zone and that recovery is only possible with the reclaiming of this level. As the price moves away from this critical threshold due to recent declines, on-chain data shows that the market is struggling to find direction. Experts emphasize that 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 revolve around whether the price can regain the 0.75 cost basis threshold again. If this level cannot be reclaimed, it is stated that a full recovery of the bullish structure will be difficult. Therefore, monitoring this level, which is critical for investors, is of great importance for making strategic decisions.