Bitcoin Near $60,000 Tests Two-Year Holder Cost Basis as Market Eyes Potential Reset

Bitcoin is trading close to the $60,000 zone, where the average cost basis of investors who entered the market 18 to 24 months ago is now being tested. According to CryptoQuant, many of these midterm holders have slipped into unrealized losses, while longer-term investors remain in profit, creating conditions that have historically preceded major cycle turning points and potential price resets.