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Glassnode: Bitcoin Rebounds Are Local Rallies, Not a Trend Reversal Yet

Blocknomi Published 20.08.2026 12:13

TLDR: Bitcoin trades below the $68,500 Short-Term Holder Cost Basis and $75,800 True Market Mean.  Relative Unrealized Loss peaked near 25%, far below the 60%+ seen in prior cycle bottoms. …

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