The Hidden On-Chain Signal That Shows Bitcoin Is Closer to a Bottom Than Most Think

Bitcoin is currently trading at one of the most pivotal levels of this cycle, caught between long-term on-chain support and a wall of overhead resistance created by millions of underwater short-term holders. Spot price $70,925 Weekly change +2.74% Weekly RSI (14) 33.59 ATH drawdown -43% Using Glassnode’s latest on-chain indicators alongside weekly and daily technical