The shift from a confirmed bull to a true bear market often comes after multiple major on-chain price models fail:
#Support
🔴STH Cost Basis: $109.8K
🟡Active Investors Mean: $88.6K
🟢True Market Mean: $82K
🔵Realized Price: $56.1K

We are now testing Active Investors Mean. A breakdown below both Active Investors and the True Market Mean would mark the first major confirmation of a deeper bear trend since May 2022.

📊 http://glassno.de/3XDy2xe

#MayerMultiple 0.78 🔵 🙌

Bitcoin Price: $86,371.00

200-Day MA: $110,371.11

2025-11-20 22h30 UTC

PS. #Support Acumulation

>> FOMO/FUD

#Fibonacci C waves like to terminate at the 1.618 extension of A or B waves

Every single major BTC correction

#Support #MSTR $74,4K

Bitcoin Is Data Substack:
#MSTR's mNAV below one

PS. #SUPPORT 0.72 Nov.2022

#MVRV #Support #STH

⚡️ REVIEW

🔄 Update: #Support

With spot price now at $90.9K, several key levels have shifted:

🔴 STH Cost Basis: $104.2K
--- Spot Price: $90.9K ---
🟡 Active Investors Mean: $88.1k
🟢True Market Mean: $81.7K
🔵 Realized Price: $56.4K

📊http://glassno.de/3XDy2xe

A new cost-basis cluster formed after Bitcoin’s drop into the low-$80K region, showing fresh accumulation at these levels. This zone is now one of the densest on the heatmap and could act as a strong #support area, likely to be defended by recent buyers.
📉https://glassno.de/48mkMlC

#Indicador 2Yrs MA Multiplier

DEZ/01/2025 17h11 UTC

#Support #BCA (#DCA)

#FUN #FACT: #Bitcoin has never fallen below its #electrical cost.

Today that floor is $71,000.

PS. 🎯 $69K #Support

🔄 Update: #Support

With the spot price trading around $86.4K, the key on-chain price models have now shifted slightly:

🔴 STH Cost Basis: $101.8K
🟡 Active Investors Mean: $87.9k
--- Spot Price: $86.4K ---
🟢True Market Mean: $81.3K
🔵 Realized Price: $56.3K

>> Rota Hodler