Quinten Francois highlights that more than 50 percent of Bitcoin’s supply was underwater when the price reached $60,000, a phenomenon previously observed at significant market lows in 2015, 2018, 2020, and 2022.
Quinten Francois: Over half of Bitcoin supply was underwater at $60,000 during major market bottoms
Quinten Francois highlights that more than 50 percent of Bitcoin’s supply was underwater when the price reached $60,000, a phenomenon previously observed at significant market lows in 2015, 2018, 2020, and 2022.
Traders Union
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Aug 28, 2026 at 8:05 AM UTC · Updated 5시간 전 · 1 분 소요
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bitcoin
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BTC-1.31%$79,155
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He suggests that the current price zone may be viewed with regret by those who did not accumulate more Bitcoin during these periods.
Earlier this month, Quinten Francois noted that Bitcoin was trading near $63,000 and discussed shifts in key technical indicators such as the 200-week moving average in a previous update. He also pointed out that since February, Bitcoin has experienced a prolonged accumulation phase during a period of weak investor sentiment highlighted in an earlier report. These observations form part of Francois's ongoing analysis of market cycles and investor behavior.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our
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Bitcoin moved from $64,723 to $79,155 over the last 30-day period, a gain of 22.3 percent.
Source: Kraken · NewsLayer Markets · Updated 몇 초 전
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