Bitcoin $107K buyers providing ‘early signals’ of 2026 bear-market bottom: Glassnode
Bitcoin’s next bear-market bottom may be signaled by a familiar onchain pattern: rising realized losses among 1–2 year BTC holders, who bought during the late bull market and are now underwater. Glassnode notes that this cohort tends to capitulate near bear-market lows, and a recent spike in their 30-day realized losses above $75 million has started to cool, which could indicate heavy selling is easing. Another key level is around $69,000, where short-term holders’ aggregate cost basis sits near the 2021 peak. That level is likely to act as strong resistance because many recent buyers may sell once made whole. A clean reclaim would support further recovery, while rejection would keep BTC range-bound. Other indicators, including long-term stochastic RSI, also suggest a possible reversal setup.
