NewsBTC
Apr 22, 2026 upd. 7 Jun
5 2

Grayscale flags Feb 5 $63,000 Bitcoin bottom, highlights $78,000 resistance

2 min

Grayscale: Bitcoin bottomed near $63K; $78K resistance is key

Bitcoin (BTC) may have set a “durable” bottom on Feb 5 near $63,000, per Grayscale. Price has rebounded over 20% since, to roughly $76,000 Grayscale.

Bitcoin

Recent buyers are near break-even. Realized price for 1–3 month coins sits around $74,000 NewsBTC.

If BTC climbs further, those cohorts flip to profit. Grayscale treats that as an early bull-market signal NewsBTC.

Whales reportedly added about 45,000 BTC last week, the fastest weekly pace since July 2025 X: @DeItaone.

Glassnode notes momentum has cooled but buyer interest remains firm, with centralized exchange activity up Glassnode.

ETF signals improved. MVRV and netflows point to better profitability and stronger demand NewsBTC.

  • Feb 5 bottom near $63,000 frames the rebound Grayscale
  • 1–3 month realized price around $74,000 helps ease selling pressure NewsBTC
  • Whales added ~45,000 BTC last week X: @DeItaone
  • ETF metrics improve as MVRV and netflows rise NewsBTC
  • Key test is $78,000 resistance that has capped moves since Jan 30 NewsBTC

Market setup looks constructive but still hinged on a clean break of $78,000 NewsBTC.