{"id":27027,"date":"2025-05-15T18:31:44","date_gmt":"2025-05-15T18:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27027"},"modified":"2025-05-15T18:31:44","modified_gmt":"2025-05-15T18:31:44","slug":"bitcoin-rally-supported-by-95000-cost-basis-zone-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27027","title":{"rendered":"Bitcoin Rally Supported By $95,000 Cost Basis Zone: Report"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) recent surge to $104,000 has been driven primarily <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">by spot accumulation<\/a> and a notable reduction in sell-side pressure, according to <strong>Glassnode<\/strong>&#8216;s market report released Thursday.<\/p>\n<p><strong>What Happened: <\/strong>A key short-term support level has emerged around $93,000\u2013$95,000, with both on-chain and exchange data suggesting that recent buyers are defending this cost basis zone.<\/p>\n<p>\u201cA key accumulation zone emerged between $93k and $95k,\u201d the report <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-19-2025\/?utm_campaign=WoC_19_25&amp;utm_medium=email&amp;utm_source=newsletter\">notes<\/a>, adding that this range aligns closely with the Short-Term Holder (STH) cost basis, which includes investors who entered the market in the past five months.<\/p>\n<p>Glassnode analysts highlight that this zone is likely to act as a structural support during pullbacks. &#8220;This range\u2026 represents &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45448244\/bitcoin-rally-supported-by-95000-cost-basis-zone-report\" alt=\"Bitcoin\" rally supported by cost basis zone: report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) recent surge to $104,000 has been driven primarily by spot accumulation and a notable reduction in sell-side pressure, according to Glassnode&#8216;s market report released Thursday. What Happened: A key short-term support level has emerged around $93,000\u2013$95,000, with both on-chain and exchange data suggesting that recent buyers are defending this cost basis zone. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27027","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27027"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27027\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}