Bitcoin is ‘Stuck in Consolidation Limbo’, Not Ready For a Bullish Reversal, Says Glassnode
Bitcoin (BTC) is consolidating inside a delicate bearish section, buying and selling between $97,000 and $111,900. The resistance stands close to $116,000 “marked by top-buyers’ provide cluster,” according to the newest report by the blockchain information supplier Glassnode. Notably, important components like ETF outflows, low leverage, and protracted put demand painting a extremely cautious market…
