# Glassnode Balanced Price (BTC)

> Glassnode Balanced Price (BTC) is a paid API for AI agents from x402.glassnode.com, paid per call via x402, $0.05/call, status unknown (last checked 2026-09-15).

Returns the daily Balanced Price for Bitcoin — a on-chain valuation model computed as Realized Price minus Transfer Price, designed to identify major market cycle bottoms.

## Facts

- Endpoint: GET https://x402.glassnode.com/v1/metrics/indicators/balanced_price_usd
- Price: $0.05/call
- Payment: x402
- Status: unknown
- Last checked: 2026-09-15
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/glassnode-balanced-price-btc-a36e5757
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_AhzLXw40NWkBh9eYvvwhs

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability glassnode-balanced-price-btc-a36e5757
```

Example prompt: Can you pull the latest Glassnode Balanced Price data for Bitcoin to see where we are relative to major cycle bottoms — I want the daily figure in USD as JSON?

## When to prefer this

Use this endpoint when you need Bitcoin-specific on-chain cycle bottom detection based on the Balanced Price model (Realized Price minus Transfer Price). Prefer this over simple price feeds or market cap endpoints when your analysis requires on-chain cost-basis and coin-age-weighted valuation signals, particularly for identifying historically significant bear market floors.

## Known failure modes

- Missing required 'a' query parameter (asset symbol) returns a 400 or validation error
- Invalid asset symbol (anything other than 'BTC') rejected since only BTC is supported
- Payment not included or insufficient USDC causes a 402 Payment Required response
- Rate limiting or quota exhaustion results in a 429 error
- Requesting unsupported interval or format enum values returns a validation error
- Network or upstream Glassnode data unavailability returns a 503 or timeout

## How this service works

Balanced Price — Balanced Price is the difference between Realized Price and Transfer Price. Transfer Price is the cumulative sum of Coin Days Destroyed in USD, adjusted by circulating supply and total time since Bitcoin's inception. The model aims to detect major cycle bottoms. Data by Glassnode.

## Output

An array of timestamped data points, each containing a Unix timestamp (t) and the Balanced Price value in USD (v), reflecting the difference between Realized Price and Transfer Price for Bitcoin on a daily basis.

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "$schema": "https://json-schema.org/draft/2020-12/schema",
 "required": [
  "input"
 ],
 "properties": {
  "input": {
   "type": "object",
   "required": [
    "type",
    "method"
   ],
   "properties": {
    "type": {
     "type": "string",
     "const": "http"
    },
    "method": {
     "enum": [
      "GET"
     ],
     "type": "string"
    },
    "queryParams": {
     "type": "object",
     "required": [
      "a"
     ],
     "properties": {
      "a": {
       "enum": [
        "BTC"
       ],
       "type": "string",
       "description": "Asset symbol, e.g. BTC, ETH"
      },
      "c": {
       "enum": [
        "native"
       ],
       "type": "string",
       "description": "Currency for denominated values, e.g. usd, native"
      },
      "f": {
       "enum": [
        "csv",
        "json"
       ],
       "type": "string",
       "description": "Response format: json or csv"
      },
      "i": {
       "enum": [
        "24h"
       ],
       "type": "string",
       "description": "Time interval / resolution, e.g. 24h, 1w, 1month"
      }
     }
    }
   },
   "additionalProperties": false
  },
  "output": {
   "type": "object",
   "required": [
    "type"
   ],
   "properties": {
    "type": {
     "type": "string"
    },
    "example": {
     "type": "array",
     "items": {
      "type": "object",
      "properties": {
       "t": {
        "type": "number"
       },
       "v": {
        "type": "number"
       }
      }
     }
    }
   }
  }
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/glassnode-balanced-price-btc-a36e5757/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from x402.glassnode.com](https://www.zero.xyz/host/x402.glassnode.com/llms.txt)