Analysis company Glassnode, in its latest note, said that technical data should be taken into consideration in Bitcoin. Cryptocurrency analysis firm Glassnode has published a striking assessment of Bitcoin's recent market movements. According to the report, Bitcoin's price has lost a key risk band by dipping below the 0.95 Cost Basis Quantile. Glassnode noted that this level typically signals profit-taking zones, and argued that regaining the band would signal strength, but otherwise, the price could retreat toward support levels in the $105,000-$90,000 range.