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Glassnode: Bitcoin Sellers Showing Exhaustion Around $64,000, But No Bottom Yet

Bitcoin.com News·August 12, 2026·1 min read
Glassnode: Bitcoin Sellers Showing Exhaustion Around $64,000, But No Bottom Yet

Glassnode reports bitcoin sellers showing signs of exhaustion around $64,000, though the onchain analytics firm stopped short of confirming a historical market bottom. Selling pressure is fading, but confirmation of a bottom remains absent, suggesting the market may still face volatility before a potential trend reversal.

Read at Bitcoin.com News
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