Bottom Formation in Play? Glassnode Looks at State of Bitcoin As Whales Accumulate Over $300,000,000 in BTC

Several metrics indicate Bitcoin (BTC) could be establishing a bear market floor, according to leading crypto analytics firm Glassnode. Glassnode notes in a new analysis that Bitcoin’s accumulation trend score has displayed “a series of consecutive events” similar to the 2018/2019 bear market.