Historically, the number of Bitcoin held in unrealized loss provides a reference point for assessing market stress: Bull markets: <4M BTC in loss. Early bear markets: 4–8M BTC in loss.
Last week, market volatility pushed 2.0–3.5M BTC into loss, still lower than the 4M BTC seen during mid-2024 lows.
For context: 2018 bear market: 10.7M BTC in loss. 2020 COVID crash: 10.4M BTC in loss.
#Btc Bitcoin’s price stability hinges on a crucial support zone between $96,475 and $99,574, according to on-chain data. This range represents a significant area of interest for the cryptocurrency, as 1.87 million addresses collectively acquired 1.79 million BTC within this price bracket. The activity highlights the psychological and technical importance of this support level in determining Bitcoin’s short-term and long-term trajectory.