Bitcoin ($BTC) is reportedly experiencing a crucial downtrend in price. Particularly, Bitcoin’s price has dropped below 0.95 Cost Basis Quantile, indicating significant risks related to profit-taking. As per the data from the on-chain analytics provider, Glassnode, the respective decline signifies a likely decrease in the overall bullish momentum surrounding Bitcoin. Hence, while the crypto sector has displayed resilience throughout this year, plunging under the respective level poses massive downside pressure.
#Bitcoin has slipped below the 0.95 Cost Basis Quantile, a key risk band that often marks profit-taking zones.
Reclaiming it would signal renewed strength, but failure to do so risks a drift toward lower supports around $105k–$90k.
🔗https://t.co/w34og1mnGa pic.twitter.com/1dToAxcaRA
— glassnode (@glassnode) September 24, 2025
Bitcoin Plunges Under Support Level of 0.95 Basis Quantile
Based on the market statistics, the price of the leading crypto asset, Bitcoin ($BTC), has recently slumped below the 0.95 Cost Basis Quantile, raising the profit-taking concerns. However, reclaiming the respective threshold would signify renewed market resilience, while a failure could result in the next noteworthy supports near $105K and $90K. The Supply Quantile Cost Basis Model represents the price of Bitcoin ($BTC) against diverse cost basis quantiles. At present, the 0.95 quantile, which denotes the cost basis of the upper five percent of the total $BTC supply, has reportedly seen a downside breach.
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The decline in Cost Basis Quantile indicates that several high-end $BTC holders may be at the brink of profit-taking. Such a development could bring about likely headwinds for additional price appreciation. Apart from the 0.95 level, the other quantiles include 0.85 and 0.75. In line with the historical data, when Bitcoin changes hands below the 0.95 band, a cautionary shift is often witnessed in the market sentiment amid profit-taking speculations. On the other hand, when Bitcoin regains momentum and holds above that band, it points toward the possibility of new highs.
Downtrend Risk Signifies Critical Supply Quantile Support Levels at $0.85 and $0.75 Quantiles
According to Glassnode, amid the slump below the 0.95 Cost Basis Quantile, the price trajectory of Bitcoin has gone through fluctuation between such quantiles. This reveals an uncertain balance existing between sellers and buyers. At the same time 0.85 quantile (around $110K) and 0.75% quantile (around $95K) serve as crucial support levels in the case of a continued downward momentum.