Bitcoin's Likely Bottom Zone Ranges from $46,000 to $54,000, According to Glassnode Co-Founder

2026/06/08 09:15 (Updated 2026/06/08 14:01)
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Written by Enzo
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Bitcoin's Likely Bottom Zone Ranges from $46,000 to $54,000, According to Glassnode Co-Founder

High Probability and Extreme Conditions: A Dual-Layered Structure

On the 5th, Rafael, co-founder of Glassnode (@n3ocortex), utilized the company's on-chain data to analyze the bottom zone of Bitcoin (BTC), presenting probabilistic scenarios based on multiple market indicators. At the time of posting, the BTC price was approximately $62,000, which is about a 50% drop from its all-time high.

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.