Glassnode claims that BTC sold off above $80,000 or marked the bottom of the phase
2026-10-16 19:55:38
According to CoinMeta, Glassnode posted on the X platform that during yesterday's decline of BTC, there was a surrender by sellers. The previous losses and sell-offs occurred at local bottoms in early August, mid-August, and mid-September. The pace of profit-taking since the September high point has slowed down. If this pattern holds true, the sell-offs yesterday, not far above $80,000, mark a stage bottom.
Source:Internet
This content is for market information only and does not constitute investment advice.
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