🚨 Bitcoin Bulls Eye $78K… But Glassnode Just Dropped a Reality Check ⚠️
Bitcoin is knocking on the door of $74K right now, sitting just 5.2% below the True Market Mean at $78,100 — the make-or-break level everyone’s watching.
Glassnode’s latest “The Week On-chain” report says this rebound has legs… for now. Spot demand is finally recovering, ETF inflows are turning green again, and institutions are slowly rebuilding exposure. Sounds bullish, right?
BUT — profit-taking is heating up, derivatives traders are playing it super cautious, and participation is still uneven across the board. Glassnode calls it a “fragile rebound” rather than a full-blown trend shift. One wrong move and we could see a nasty drop to fresh Q2 lows.
So the big question:
Will BTC smash through $78K and ignite the next leg up… or fake out and send bears running?
Drop your price target below 👇 Bullish or cautious? Let’s hear it!
#BTC #Glassnode #BTCNews #BinanceSquare #BitcoinPrediction
