Bitcoin just touched a critical price point but this order book signal suggests the move to $100k might backfire

Bitcoin (BTC) nearly touched $98,000 overnight before settling around $96,000, up roughly 5.5% over recent sessions. The rally reignited a familiar question: is this the setup for a sustained move ...

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Bitcoin just touched a critical price point but this order book signal suggests the move to $100k might backfire

Source: CryptoSlate

Bitcoin (BTC) nearly touched $98,000 overnight before settling around $96,000, up roughly 5.5% over recent sessions. The rally reignited a familiar question: is this the setup for a sustained move above $100,000, or another fragile push built on thin order books and positioning games? Glassnode’s latest analysis reveals a nuanced picture, where mechanical positioning drove […]