Analysts set out bitcoin’s potential bottom range amid the correction
Glassnode defines a fair-value range at $71,300–$91,900. CryptoQuant projects a drop to $63,000 if prices hold below $75,000. A raft of on-chain metrics points to capitulation among bitcoin’s short-term market participants and, alongside signs of weakening demand, to the establishment of a distribution phase after the ATH. That is the conclusion of Glassnode. A custom […]