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Glassnode Flags Market Exhaustion as ‘Uptober’ Approaches for Bitcoin
Yahoo Finance· 2025-09-26 09:12
Bitcoin uptober. Photo by BeInCrypto Bitcoin (BTC) faces heightened downside risks following a recent breach of a key level, according to on-chain analytics firm Glassnode. Furthermore, other metrics also suggest the market could be headed for a deeper correction, with sentiment showing signs of strain after the FOMC rally. However, many analysts believe that the upcoming ‘Uptober’ could prove bullish for BTC. The asset may find seasonal tailwinds that could stabilize price action and spark renewed optimi ...