coin-img-ETHETH-2.52%coin-img-BTCBTC-2.79%coin-img-SOLSOL-4.26%coin-img-PIPPINPIPPIN+14.60%coin-img-ESPESP-9.59%coin-img-WLFIWLFI-1.37%coin-img-HYPEHYPE-2.15%coin-img-UNIUNI-6.37%coin-img-ETHETH-2.52%coin-img-BTCBTC-2.79%coin-img-SOLSOL-4.26%coin-img-PIPPINPIPPIN+14.60%coin-img-ESPESP-9.59%coin-img-WLFIWLFI-1.37%coin-img-HYPEHYPE-2.15%coin-img-UNIUNI-6.37%coin-img-ETHETH-2.52%coin-img-BTCBTC-2.79%coin-img-SOLSOL-4.26%coin-img-PIPPINPIPPIN+14.60%coin-img-ESPESP-9.59%coin-img-WLFIWLFI-1.37%coin-img-HYPEHYPE-2.15%coin-img-UNIUNI-6.37%coin-img-ETHETH-2.52%coin-img-BTCBTC-2.79%coin-img-SOLSOL-4.26%coin-img-PIPPINPIPPIN+14.60%coin-img-ESPESP-9.59%coin-img-WLFIWLFI-1.37%coin-img-HYPEHYPE-2.15%coin-img-UNIUNI-6.37%
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Chayanika Deka

Bitcoin recovery still stalled: $68,000, 46% drawdown, muted accumulation

Bitcoin rebounded to $68,000 and added 4% on Thursday after earlier declines, but Glassnode said price action remains confined to a defensive consolidation between $60,000 and $69,000. Indicators show a 46% drawdown, roughly 9.2 million BTC held at a loss, and an Accumulation Trend Score below 0.5 since early February, suggesting upside depends on renewed spot absorption and stronger large-entity and institutional participation.
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BTC
BTC-2.75%
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