Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals | Bitcoin Glassnode

Glassnode’s CryptoVizArt explains that Bitcoin’s recovery hinges on shifting the costly stock of supply away from a dense cluster above $80,000. The CBD heatmap shows a significant portion of BTC purchased during prior cycles remains held near cycle highs, with about 495,000 BTC in the $80k‑$126k band. As Bitcoin hovered around $63,200 after a low near $59,000 last week, unrealized losses weigh on holders who might capitalize at lower cost bases. For a durable rebound, supply must migrate to new buyers at lower costs, a process that may require deeper corrections or bear-market continuation before a sustained rally appears.