Bitcoin Bounces Back This Week, But Glassnode Sees Trouble Ahead
The blockchain analytics firm Glassnode shared its weekly report, which features various key metrics and on-chain data related to the leading cryptocurrency.
Spot Metrics
The spot price rebounded strongly over the past week, after re-testing the sub-$114,000 level and climbing back towards $121,000. This brought momentum back into the spot market, with several sectors showing signs of renewed user activity, although a close eye is to be kept on the conditions.
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New ATH for Bitcoin or Harsh Rejection Ahead? (BTC Price Analysis)
Bitcoin Bounces Back This Week, But Glassnode Sees Trouble Ahead
The blockchain analytics firm Glassnode shared its weekly report, which features various key metrics and on-chain data related to the leading cryptocurrency.
Spot Metrics
The spot price rebounded strongly over the past week, after re-testing the sub-$114,000 level and climbing back towards $121,000. This brought momentum back into the spot market, with several sectors showing signs of renewed user activity, although a close eye is to be kept on the conditions.
Read More