Select what genuinely interests you. Your picks feed directly into our editorial planning. Bitcoin is trading at around $75,900 on Saturday morning, roughly €68,100, according to CoinGecko price data. That puts the price almost exactly on the cost basis of short-term investors, which the analytics firm Glassnode put at $75,700 in its weekly report of November 4. What the data show: most of the coins bought over the past five months are now under water, and three important levels converge below the price between $73,000 and $76,000. Our assessment follows further down. The zone is sturdier than the mood suggests, but a daily close below $73,000 would change the picture.