Tag Archives: glassnode

Bitcoin Bulls Eye $78,000, But Glassnode Urges Caution

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Bitcoin has climbed back toward a key on-chain resistance zone, but Glassnode says the move still looks more like a fragile rebound than the start of a fully convincing trend shift. In its latest The Week On-chain report, the analytics firm said Bitcoin was trading near $74,000, roughly 5.2% below the True Market Mean at… Continue reading Bitcoin Bulls Eye $78,000, But Glassnode Urges Caution→

Bitcoin Surges 10% In A Week: Key Levels To Watch

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The Bitcoin price surged past $73,000 in the past week, indicating an improved investor risk appetite despite the overwhelming sentiment. This recent rally has been attributed to several factors, but most notably the announcement of a temporary ceasefire in the US-Iran conflict. With the rise in the spot market, other pricing models are emerging with… Continue reading Bitcoin Surges 10% In A Week: Key Levels To Watch→

Bitcoin Market Caution Rises After Failed Breakout: Glassnode Data

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The Bitcoin market remains subject to high uncertainty, with bearish sentiments at heightened levels. In the last week, the premier cryptocurrency attempted another failed breakout as prices faced stiff resistance at the $75,000 level. With Bitcoin now back to around $70,000, Glassnode data on the options market shows that traders are pushing for more downside… Continue reading Bitcoin Market Caution Rises After Failed Breakout: Glassnode Data→

Bitcoin Just Flashed The Most Powerful Fractal In The Market, Here’s What To Expect

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Crypto analyst Merlijn revealed that Bitcoin has flashed the most powerful fractal in the markets right now. This comes amid BTC’s rally to a one-month high of $75,000 despite the escalating tensions between the U.S. and Iran.  Bitcoin Flashes Most Powerful Fractal In Markets Right Now In an X post, Merlijn stated that Bitcoin has… Continue reading Bitcoin Just Flashed The Most Powerful Fractal In The Market, Here’s What To Expect→

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

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On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery. Bitcoin STH Supply In Profit Is Currently Under 50% In a new Supply in Profit metric for the Bitcoin short-term holders (STHs). The Supply in Profit measures, as its name suggests,… Continue reading Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode→

Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

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Bitcoin is showing tentative signs of stabilization after its pullback from $74,000, but Glassnode says the recovery still lacks the ingredients of a decisive bullish turn. In its March 9 Weekly Market Pulse, the analytics firm described a market that is improving at the margins even as spot participation, capital flows and broader conviction remain… Continue reading Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak→

Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000

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Expert trader Tony Severino, who correctly predicted Bitcoin’s top, has raised the possibility of a crash to $4,000. This comes as BTC continues to struggle to break key resistance levels, signaling that it could be at risk of a deeper decline.  Expert Trader Raises Potential Bitcoin Drop To $4,000 In an X post, Tony Severino… Continue reading Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000→

Bitcoin Options Update: Market Panic Fades But Traders Remain Defensive – Details

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Bearish sentiments continue to dominate the Bitcoin market as the premier cryptocurrency looks to record a fifth consecutive monthly loss. Presently, prices are consolidating beneath the $70,000 mark, as market bulls struggle to force a decisive breakout above the resistance zone.  Amid this choppy price action, data from the Bitcoin options market shows that traders… Continue reading Bitcoin Options Update: Market Panic Fades But Traders Remain Defensive – Details→

Historical Pattern From 2017 Signals Bitcoin Price Crash To $35,000

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Bitcoin is still playing out a series of price actions that look like they may be entering a deeper correction phase. A technical analysis shared on social media platform X by crypto analyst Chiefy suggests that Bitcoin is repeating the macro structures seen after the 2017 and 2021 cycle tops. If the pattern continues to… Continue reading Historical Pattern From 2017 Signals Bitcoin Price Crash To $35,000→

Here’s Why The XRP Price Has Been In A Consistent Downtrend Since 2025

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On-chain data from Glassnode has unveiled the reason why the XRP price has been in a persistent downtrend since 2025. Notably, the XRP price crashed from its high above $3 last year and has been falling ever since. While many in the crypto space believed XRP could eventually reclaim the $3 level, the cryptocurrency has… Continue reading Here’s Why The XRP Price Has Been In A Consistent Downtrend Since 2025→