Bitcoin Clears $70,000 Sell Wall as Glassnode Signals Reduced Liquidity
On-chain data analytics platform Glassnode has reported a significant shift in Bitcoin's market structure, noting that the long-standing sell wall at the $70,000 price level has effectively disappeared. According to a recent update from the firm, buy orders successfully digested the supply overhang yesterday following a week of persistent tests. This development suggests a potential shift in...