Has the Bitcoin Sell-Off Ended? Glassnode Analyzes Whether $80,000 Is the Bottom
Key Highlights: Large, resting buy orders on the Binance BTC/USDT spot order book were filled as Bitcoin dipped below $80,000, prompting fresh bids to enter the market. On-chain analytics firm Glassnode noted that past stop-loss liquidations in August and September coincided with market bottoms, followed by rebounds toward $80,000 and $85,000. A loss of the ...