Key Takeaways:
Grayscale signaled bitcoin may have bottomed as buyers return to breakeven levels. Markets show cost basis alignment, reinforcing a more stable bitcoin structure. Grayscale’s head of research says further gains could confirm early stages of a new bull cycle. Bitcoin Breakeven Levels Point to Stronger PositioningGrayscale Research stated on social media platform X:
Glassnode Data Supports Durable Market Bottom CaseThe Grayscale head of research explained:



















