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Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns

Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting broad market activity. Glassnode Data Shows Bitcoin Profit-Taking Surge Amid Record Highs According to Gla...

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Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns
Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting broad market activity. Glassnode Data Shows Bitcoin Profit-Taking Surge Amid Record Highs According to Glassnode researchers Cryptovizart and Ukuria OC, this breakout signals accelerating investor engagement across exchanges, derivatives, and exchange-traded funds (ETFs), though the $120,000 […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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