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Bitcoin's unrealized losses surpass profits, signaling a historic bear market bottom near $61,300 support.

Market News
04 Jun 2026, 13:20 WIB
Coindesk
View Source
Neutral
Bitcoin's unrealized losses surpass profits, signaling a historic bear market bottom near $61,300 support.

More than half of all bitcoin in circulation is now held at an unrealized loss, with 10.5 million BTC underwater compared to 9.8 million BTC in profit. This crossover, which has historically marked major bear market bottoms, coincides with bitcoin testing its 200-week moving average around $61,300—a key long-term support level. If bitcoin falls below $60,000, the next major support is near $54,000, the realized price, which has also historically acted as a floor during bear markets. While this signal suggests a potential market bottom, the duration of such bear phases has varied widely in the past, making future price movements uncertain.

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