Bitcoin has clawed its way back toward $70,000 after a sharp slide to roughly $67,000, but Glassnode says the rebound still lacks the kind of demand profile needed to turn stabilization into a more durable recovery. In its latest weekly report from March 25, titled Awaiting Liquidity, the on-chain analytics firm argued that several pressure points have eased at once, including sell-side intensity, ETF outflows and dealer-driven market imbalances.
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