Traders Think Bitcoin Bottomed BTC price
gravitates around the low
$30,000 zone, luring traders to believe
the bottom is in, but data from Glassnode
warns of another final sell-off.
The bull market euphoria that carried prices to new highs throughout 2021
has given way to bear market doldrums for
any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021
Data from Glassnode shows these buyers "are now underwater" and the market is gearing up for a final capitulation event