Glassnode: Bitcoin has fallen below the 0.75 cost basis percentile, signaling a potential bear market

Glassnode posted on platform X that Bitcoin has fallen below the 0.75 cost basis percentile, a level that historically marks the beginning of bear market territory. Across multiple cycles, reclaiming and maintaining above this level has been key to restoring a bullish pattern. Bulls will hope to see the price regain this level.