Bitcoin currently holds a defensive stance according to the latest Glassnode review, as evidenced by declining momentum and subdued trading activity. Short-term holders are approaching their break-even point, […]
Bitcoin’s Rebound Is Spotty: Key Metrics Suggest Continued Caution From Glassnode
Despite a recent rebound in the Bitcoin price this week, data from blockchain analytics firm Glassnode reveals both cause for optimism and warning signs. The leading cryptocurrency surged […]
Glassnode Warns of Potential Bitcoin Market Volatility Due to Key Support Breach
Crypto analysis firm, Glassnode, has issued a warning about potential volatility in the Bitcoin market. Their research suggests that if key support levels are breached, short-term investors might […]