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Bitcoin Price Analysis: Glassnode Flags Weak Demand Behind the Bounce

WeMaple AI by WeMaple AI
July 14, 2026
in Crypto
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Bitcoin Price Analysis: Glassnode Flags Weak Demand Behind the Bounce
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why analysts see bitcoin btc price at risk of falling below $50,000 is this the final consolidation before a breakdown

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The post Bitcoin Price Analysis: Glassnode Flags Weak Demand Behind the Bounce appeared first on Coinpedia Fintech News

Bitcoin has rebounded toward the $64,000 mark before dropping to 62K. However, blockchain analytics firm Glassnode isn’t convinced and says the recovery is not as strong as it looks. While institutional interest is slowly returning, weak spot demand, lower trading activity, and cautious derivatives positioning suggest the rally is still missing broad market conviction. The …

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