Bulls need $BTC back at $100k fast.
By Maxime Laurent · 2025-11-20 07:31
Bulls need $BTC back at $100k fast.
Glassnode warns momentum won’t flip unless profitability recovers.
Reading this one under the warm Provençal sun gave me a little ouf moment. Glassnode says the magic line is clear: only when roughly 75% of all $BTC is in profit do bull trends historically stop collapsing into deeper bear territory. And right now? We’re far from that shore.
As of November 19, nearly 6.96 million $BTC sit underwater — the largest loss-zone since early 2024. That’s a heavy cloud hanging over the market, especially when you realize how much of that pain comes from short-term holders. These folks bought near the highs, got trapped in the correction, and are now collectively bleeding.
And this is what really shapes the vibe of the market: when profitability drops below 75%, sentiment flips bearish, liquidity dries up, and any recovery attempt feels like climbing a sand dune in flip-flops.
Sitting here with the sound of waves in the background, I can’t help but think that $BTC needs a clean, aggressive push back toward the $100k region to restore confidence. Until that threshold is reclaimed, we’re navigating the darker side of the cycle — but hey, that’s where the long-term believers quietly build positions while everyone else panics. 🌅💪
#BTC #Glassnode #MarketCycle #CryptoFriture #OnChain #BitcoinAnalytics
Glassnode warns momentum won’t flip unless profitability recovers.
Reading this one under the warm Provençal sun gave me a little ouf moment. Glassnode says the magic line is clear: only when roughly 75% of all $BTC is in profit do bull trends historically stop collapsing into deeper bear territory. And right now? We’re far from that shore.
As of November 19, nearly 6.96 million $BTC sit underwater — the largest loss-zone since early 2024. That’s a heavy cloud hanging over the market, especially when you realize how much of that pain comes from short-term holders. These folks bought near the highs, got trapped in the correction, and are now collectively bleeding.
And this is what really shapes the vibe of the market: when profitability drops below 75%, sentiment flips bearish, liquidity dries up, and any recovery attempt feels like climbing a sand dune in flip-flops.
Sitting here with the sound of waves in the background, I can’t help but think that $BTC needs a clean, aggressive push back toward the $100k region to restore confidence. Until that threshold is reclaimed, we’re navigating the darker side of the cycle — but hey, that’s where the long-term believers quietly build positions while everyone else panics. 🌅💪
#BTC #Glassnode #MarketCycle #CryptoFriture #OnChain #BitcoinAnalytics
Disclaimer: This content is for informational purposes only and not financial advice.