Glassnode: Bitcoin Sellers Showing Exhaustion Around $64,000, But No Bottom Yet

Glassnode says bitcoin sellers are showing signs of exhaustion, though the onchain analytics firm stopped short of confirming a historical market bottom is in. Selling Pressure Fades, But Confirmation Is Missing Onchain analytics firm Glassnode said this week that bitcoin sellers appear to be running out of steam, a signal often associated with the later […]
Key Takeaways
- Glassnode says bitcoin sellers are showing signs of exhaustion, though the onchain analytics firm stopped short of confirming a historical market bottom is in.
- Selling Pressure Fades, But Confirmation Is Missing Onchain analytics firm Glassnode said this week that bitcoin sellers appear to be running out of steam, a signal often associated with the later […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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