
{"id":124954,"date":"2026-01-06T07:26:32","date_gmt":"2026-01-06T07:26:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=124954"},"modified":"2026-01-06T07:26:32","modified_gmt":"2026-01-06T07:26:32","slug":"bitcoin-shows-bullish-signals-despite-fragile-consolidation-phase-glassnode","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=124954","title":{"rendered":"Bitcoin Shows Bullish Signals Despite \u2018Fragile Consolidation Phase\u2019 \u2013 Glassnode"},"content":{"rendered":"<p>Crypto market momentum conditions have begun to recover, with RSI [relative strength index] rebounding into the upper-neutral zone, \u201csignalling a renewed build-up in upside momentum,\u201d reported on-chain analytics platform Glassnode on Monday.<\/p>\n<p>More Bitcoin supply is returning to profit, with declining loss-taking, and realized loss-taking pressure has declined sharply, \u201csignalling a slow improvement in holder sentiment,\u201d they <a href=\"https:\/\/insights.glassnode.com\/btc-market-pulse-week-2-2026\/\">added<\/a>.<\/p>\n<p>\u201cSpot market behaviour shows a meaningful reduction in sell-side aggression, while spot volumes have expanded modestly, pointing to improving liquidity without signs of speculative excess.\u201d<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> is stabilising within the $80K\u2013$95K range as momentum recovers and sell pressure fades. Spot liquidity is thin, open interest is rebuilding cautiously, and options markets point to near-term volatility.<\/p>\n<p>Read more in this week\u2019s Market Pulse <a href=\"https:\/\/t.co\/gThjwACo4H\">https:\/\/t.co\/gThjwACo4H<\/a> <a href=\"https:\/\/t.co\/ehcrTHjkZR\">pic.twitter.com\/ehcrTHjkZR<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/2008231982178930866?ref_src=twsrc%5Etfw\">January 5, 2026<\/a><\/p>\n\n<h2>BTC Preparing For Move Higher<\/h2>\n<p>The analysts also observed that crypto derivatives were showing controlled repositioning with less aggressive leverage, and perpetual futures were showing renewed buying conviction.\u00a0Meanwhile, US spot ETFs are recording positive inflows with institutional demand returning.<\/p>\n<p>\u201cIn sum, Bitcoin is transitioning out of its corrective phase and into a fragile consolidation regime,\u201d it stated before adding:<\/p>\n<p>\u201cWhile participation and institutional flows are improving, structural on-chain demand remains subdued, leaving the market sensitive to volatility and profit-taking risk as it attempts to rebuild higher ground.\u201d<\/p>\n<p>\u201cBitcoin\u2019s new year rebound, fueled by renewed institutional inflows and strong options positioning for strikes above $100K, signals significant upside potential in the coming weeks,\u201d said Nick Ruck, director of LVRG Research.<\/p>\n<p>\u201cBTC appears to be preparing for a move higher soon, with technical indicators pointing to a breakout from recent consolidation.\u201d<\/p>\n<p>\u201cThis move from Bitcoin is looking really promising,\u201d said analyst \u2018Sykodelic\u2019.<\/p>\n<p>They noted that the On-Balance Volume (OBV) broke out from its downtrend since the all-time high of $126,000 and local range, driven by spot accumulation.\u00a0The analyst noted that $94,500 was serving as resistance, but a breakout could quickly <a href=\"https:\/\/cryptopotato.com\/could-more-geopolitical-tension-drive-btc-back-to-six-figures\/\">lead to<\/a> $98,000 to $100,000 if support at $94,000 holds.<\/p>\n<p>This move from Bitcoin is looking really promising.<\/p>\n<p>We now have OBV breaking out from both the downtrend from $126k, and the local bottoming range here.<\/p>\n<p>Which is being driven by spot buying, with a Coinbase premium looking to flip positive.<\/p>\n<p>I would like to see us get above and\u2026 <a href=\"https:\/\/t.co\/qvhIEzrfNL\">https:\/\/t.co\/qvhIEzrfNL<\/a> <a href=\"https:\/\/t.co\/RJSS1TR2J8\">pic.twitter.com\/RJSS1TR2J8<\/a><\/p>\n<p>\u2014 Sykodelic  (@Sykodelic_) <a href=\"https:\/\/twitter.com\/Sykodelic_\/status\/2008288409702592826?ref_src=twsrc%5Etfw\">January 5, 2026<\/a><\/p>\n\n<h2>BTC Price Outlook<\/h2>\n<p>Bitcoin was cooling from its multi-week high of $94,600 on Monday and had fallen back to $93,820 during the Tuesday morning Asian trading session.<\/p>\n<p>Institutions are again <a href=\"https:\/\/cryptopotato.com\/saylors-strategy-announces-new-bitcoin-acquisition-and-increases-usd-reserves\/\">leading<\/a> the charge, with retail traders panicking and selling any minor pump and keeping a larger rally at bay.\u00a0The asset has gained 7% so far this year, which is less than a week old, so it is a positive <a href=\"https:\/\/cryptopotato.com\/4-things-that-could-impact-crypto-markets-this-week-3\/\">start<\/a> to 2026 after a tumultuous 2025.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-shows-bullish-signals-despite-fragile-consolidation-phase-glassnode\/\">Bitcoin Shows Bullish Signals Despite \u2018Fragile Consolidation Phase\u2019 \u2013 Glassnode<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Crypto market momentum conditions have begun to recover, with RSI [relative strength index] rebounding into the upper-neutral zone, \u201csignalling a renewed build-up in upside momentum,\u201d reported on-chain analytics platform Glassnode on Monday. More Bitcoin supply is returning to profit, with declining loss-taking, and realized loss-taking pressure has declined sharply, \u201csignalling a slow improvement in holder [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":124955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-124954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/124954"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/124954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/124955"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}