Bitcoin Shows Bullish Signals Despite ‘Fragile Consolidation Phase’ – Glassnode

TL;DR:

Bitcoin is moving off a local bottom and coming out of its correction phase, but the path ahead remains volatile.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.