Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin just touched a critical price point but this order book signal suggests the move to $100k might backfire

Bitcoin just touched a critical price point but this order book signal suggests the move to $100k might backfire

CryptoSlateCryptoSlate2026/01/16 11:12
By:CryptoSlate

Bitcoin (BTC) nearly touched $98,000 overnight before settling around $96,000, up roughly 5.5% over recent sessions. The rally reignited a familiar question: is this the setup for a sustained move above $100,000, or another fragile push built on thin order books and positioning games? Glassnode's latest analysis reveals a nuanced picture, where mechanical positioning drove […]

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
© 2025 Bitget