Bitcoin Maintains Realized Price Support Throughout 2026 Bear Market

Bitcoin has avoided a daily close below its realized price during the 2026 bear market, marking a departure from previous cycles where prices remained underwater for months. Glassnode data indicates that while the percentage of supply in profit reached levels comparable to the November 2022 bottom, the Net Unrealized Profit/Loss (NUPL) remained positive, suggesting less structural selling pressure. Bitcoin is currently trading above the True Market Mean of approximately $77,000 and the Short-Term Holder Cost Basis, with key resistance levels identified at $84,000–$85,000 and $96,700.