Grayscale Says Bitcoin Price Bottomed at $63,000 Amid Massive BTC Supply Drain

22-Apr-2026 The Crypto Basic

Bitcoin is showing signs of stabilization after months of uncertainty, with fresh data suggesting the market may have already established a durable bottom. According to an analysis from Grayscale’s head of research, Zach Pandl, Bitcoin (BTC) reached its base on February 5 at $63,000.

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