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Bitcoin Shows Bullish Signals Despite ‘Fragile Consolidation Phase’ – Glassnode
Jan 6, 2026
< 1 min read
by Martin Young
for CryptoPotato
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Crypto market shows recovery with RSI in upper-neutral zone, indicating upside momentum. Increased Bitcoin supply returning to profit with reduced loss-taking suggests improved holder sentiment.
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Crypto market momentum conditions have begun to recover, with RSI [relative strength index] rebounding into the upper-neutral zone, “signalling a renewed build-up in upside momentum,” reported on-chain analytics platform Glassnode on Monday.
More Bitcoin supply is returning to profit, with declining loss-taking, and realized loss-taking pressure has declined sharply, “signalling a slow improvement in holder sentiment,” they added.
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