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Bitcoin Bulls in Control, Yet Approaching a Key Resistance Level, Reports Glassnode

2026/05/07 11:21 (Updated 2026/05/07 14:00)
CoinPost
Written by A.Yamada
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Bitcoin Bulls in Control, Yet Approaching a Key Resistance Level, Reports Glassnode

Can Buyers Maintain Their Momentum?

Can Buyers Maintain Their Momentum?

On-chain data analytics firm Glassnode released its latest weekly report on cryptocurrencies on the 6th.

It highlighted that the demand for Bitcoin (BTC) in spot markets and inflows into ETFs (Exchange Traded Funds) are recovering, suggesting that bulls are currently dominating. Meanwhile, the market is approaching a critical ceiling where selling might begin to increase again...

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Iolite Vol.19

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
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