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‘Resilient’ Bitcoin holders defend BTC, but bear floor sits 20% lower: Glassnode

‘Resilient’ Bitcoin holders defend BTC, but bear floor sits 20% lower: Glassnode

2026-02-20

‘Resilient’ Bitcoin holders defend BTC, but bear floor sits 20% lower: Glassnode

Bitcoin trades in a tight demand zone that formed in 2024, but previous bear market data suggest the channel will break and lead to new lows.

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