Glassnode: Bitcoin Nears $78K Resistance Amid Fragile, Flow-Driven Recovery And Weak Market Conviction
Glassnode, a blockchain analytics and intelligence platform, has revealed a market report indicating that Bitcoin is buying and selling close to roughly $74,000, positioning the asset roughly 5% beneath a key resistance stage at $78,000. The report characterises present market situations as a fragile, flow-driven restoration supported by enhancing spot and ETF demand, however constrained…
