Will the Bitcoin Market Continue Its Range-Bound Trend? Institutional Investors' Confidence Wanes, According to Glassnode Analysis

2026/02/26 13:15 (Updated 2026/02/26 15:01)

CoinPost

Written by A.Yamada

Will the Bitcoin Market Continue Its Range-Bound Trend? Institutional Investors' Confidence Wanes, According to Glassnode Analysis

Mid to Late Stages of a Bear Market

On-chain data analytics firm Glassnode released its latest cryptocurrency weekly report on the 25th, forecasting that Bitcoin (BTC) will continue to experience range-bound price movements until there is a recovery in spot demand. Currently, Bitcoin has fallen 47% from its peak, fluctuating within the $60,000 to $70,000 range. Historically, this level corresponds to the mid to late stages of a bear market.

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Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30