Bitcoin Market Structure Continues to Improve as Bullish Undertones Build: Glassnode

May 12, 2026 - 06:45
Bitcoin Market Structure Continues to Improve as Bullish Undertones Build: Glassnode
Bitcoin momentum above $80,000 is slowly building as its market structure improves, according to Glassnode analysis. Bitcoin has spent the last week grinding higher from around $78,000 to top $82,000 twice, with buyers “continuing to absorb pullbacks even as momentum started to cool near local highs,” reported Glassnode on Monday. The asset dipped below $81,000...

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0