Glassnode Signals Bitcoin Still Faces Downside Risk Amid Massive Sell Pressure at $70K

On February 26, 2026 by voice

Bitcoin has stalled below $70,000 recently after fresh profit-taking capped gains, according to Glassnode. The firm said every recovery attempt since early February has met demand exhaustion near $70K. Thin liquidity and steady realized profits have repeatedly blocked sustained upside.