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.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30