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A Further 20% Bitcoin Correction on the Table: Glassnode
Market Intelligence Analysis
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Why This Matters
Glassnode warns of a potential 20% Bitcoin correction to $88K if it fails to reclaim the $113K cost basis, citing long-term holder selling and fragile sentiment.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The analytics firm warns that Bitcoin’s failure to reclaim the $113K cost basis may lead to deeper retracement toward $88K amid long-term holder selling and fragile sentiment.
AI Breakdown
Summary
Glassnode warns of a potential 20% Bitcoin correction to $88K if it fails to reclaim the $113K cost basis, citing long-term holder selling and fragile sentiment.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Original article published by
Unknown
on October 30, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.