Short on Bitcoin (BTC)? Glassnode Data Shows Retail Investors Haven’t Given up Buying BTC

Bitcoin’s (BTC) price continues to trade under $32K as bearish sentiment continues to dominate the market. The top cryptocurrency’s failure to move out of the $30K-$40K and fear of losing the key $30K support price zone for over two months has put many traders in doubt whether we are already in a bear cycle.