Bearish Pressure on Bitcoin Has Significantly Eased, According to Glassnode Co-Founders – But There’s a Catch

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Bearish Pressure on Bitcoin Has Significantly Eased, According to Glassnode Co-Founders – But There’s a Catch

The co-founders of market intelligence firm Glassnode say that Bitcoin (BTC) is suddenly looking less bearish based on a key metric. In a new thread on the social media platform X, Jan Happel and Yann Alleman – who go by the handle Negentropic – say that Bitcoin’s Risk Signal is flashing bullishness. The Bitcoin Risk... The post Bearish Pressure on Bitcoin Has Significantly Eased, According to Glassnode Co-Founders – But There’s a Catch appeared…