Sentiment: Positive
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Grayscale Says Bitcoin Price Bottomed at $63,000 in February
By Maxwell Mutuma at 2026-05-08 01:28
Sentiment: Positive
TLDR Grayscale’s head of research Zach Pandl, said Bitcoin formed a durable bottom at $63,000 on February 5. Bitcoin price has climbed more than 23% from that level and recently traded near $78,000. On-chain data shows the realized price of recent buyers stands around $74,000, placing many back in profit. CryptoQuant data shows Bitcoin reserves [...] The post Grayscale Says Bitcoin Price Bottomed at $63,000 in February appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis #Bitcoin #bitcoin price #Grayscale
Source Coin Central