Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin investors face 20% average unrealized loss as $76,700 cost basis creates resistance level.

Technical Signals
04 Jul 2026
Crypto news
View Source
Neutral
pluang ai news

Bitcoin investors currently hold an average unrealized loss of about 20%, with the True Market Mean (TMM) cost basis near $76,700 acting as a key resistance level. This TMM reflects the average acquisition cost of active holders, excluding dormant coins, and has previously caused selling pressure around this price. Despite Bitcoin trading below this level at around $62,600, the market has not yet hit historical bear-market lows where losses reached 40-50%. While institutional demand has softened recently, corporate adoption and blockchain infrastructure interest continue to grow, suggesting potential for recovery without revisiting deep discounts.

More News (BTC)

Bitcoin shows a rare 'W' pattern; a close above $65K could signal a bullish breakout.

Bitcoin shows a rare 'W' pattern; a close above $65K could signal a bullish breakout.

John Bollinger, creator of Bollinger Bands, identified a nested 'W' or double bottom pattern in Bitcoin's daily chart, suggesting a potential trend reversal. Bitcoin was trading near $62,500, and a daily close above $65,000 is needed to confirm the b...

Technical Signals
Bullish
4 hours ago
Bitcoin rebounds above $62,000, supported by strong $58K demand and EU regulatory shifts.

Bitcoin rebounds above $62,000, supported by strong $58K demand and EU regulatory shifts.

Bitcoin has recovered above $62,000 after defending the $58,000 support level twice, signaling a strong buying zone. This rebound was driven by a combination of easing inflation fears, a short squeeze, and a structural shift as European traders move ...

Market News
Bullish
6 hours ago
Bitcoin's realized profit-loss ratio hits 43-month low, signaling potential market bottom and recovery ahead.

Bitcoin's realized profit-loss ratio hits 43-month low, signaling potential market bottom and recovery ahead.

Bitcoin's realized profit and loss ratio has dropped to -0.35, the lowest in 43 months, a level historically linked to major market bottoms. This metric, indicating net realized losses, last fell to this level during significant downturns in 2015, 20...

Technical Signals
Bullish
9 hours ago
Gold and Bitcoin face heavy outflows and rising shorts amid stalled U.S.-Iran talks and weak 2026 starts.

Gold and Bitcoin face heavy outflows and rising shorts amid stalled U.S.-Iran talks and weak 2026 starts.

Gold and Bitcoin have experienced significant capital outflows and increased short interest in the first half of 2026, driven by slow progress in U.S.-Iran talks and broader macroeconomic uncertainty. Gold ETFs like GLD and GDX saw short interest spi...

Market News
Bearish
11 hours ago
Dave Portnoy vows to hold Bitcoin despite losing millions after buying near $100,000.

Dave Portnoy vows to hold Bitcoin despite losing millions after buying near $100,000.

Dave Portnoy, founder of Barstool Sports, revealed he is down millions on his Bitcoin investment bought near $100,000 but vows to hold the asset even if it falls to zero. He admitted to repeatedly mistiming trades, selling before rallies, and now pre...

Market News
Neutral
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App