Glassnode

This Bitcoin Price Pattern Has Emerged 3 Times Since Late 2023, Triggering Corrections
Key moving averages remain crucial support levels as long-term investors trim holdings, adding pressure to the ongoing bull market.

Bitcoin Could Tumble Back to $88K: Glassnode
The analytics firm warns that Bitcoin’s failure to reclaim the $113K cost basis may lead to a far deeper retracement amid long-term holder selling and fragile sentiment.

Bitcoin’s Rally Cools as Traders Hedge the Heat
After months of steady gains, BTC is slipping below key cost-basis levels as long-term holders sell into strength and traders retreat to defensive derivatives.

Bitcoin Battles Key Technical Levels as Uptober Momentum Fades
BTC slips below $108,000 and trades between major moving averages, with crucial support and resistance levels now in focus.

Bitcoin Faces Heavy Selling Pressure Despite Seasonal Bullish Expectations
Long-term holders and whales continue to offload BTC as profit-taking intensifies and the four-year cycle narrative shows signs of weakening.

Crypto-Native Traders, Not TradFi, Drove Bitcoin’s Largest Deleveraging Event
Roughly $12 billion in futures positions were wiped out on Friday, marking a major shift in market structure and potentially signaling a bottom.

This Trend Has Marked Local Tops in Bitcoin, but This Time May Be Different
Despite increasing by 450,000 BTC since July, short-term holders remain below prior highs, signaling tempered market sentiment.

Accumulation Trends Strengthen as Bitcoin Breaks Through $120K
Wallet cohorts shift from distribution to accumulation as U.S. investors show renewed bullishness.

Bitcoin Stalls Around $112K as Whales Lead Wave of Selling
Cohort selling and long-term holder distribution add to ongoing pressure.

Bitcoin Whales Join Dump; All BTC Wallet Cohorts Are Net Sellers
Glassnode data shows all wallet groups are back in distribution mode, while regional trading patterns highlight Asia’s strength and Europe’s weakness.

