Glassnode Questions Bitcoin’s Reversal After Stabilizing Above $80,000
Despite the leading cryptocurrency holding above the demand zone of $76,000-$80,000, several on-chain metrics suggest this is a “hope rally” within a downtrend rather than a reversal, according to Glassnode. Analysts note that since late February, the cryptocurrency has been trading within this range. Each sell-off towards the lows has been met with a swift […]