$30K BTC Price Incoming? — On-Chain Data Declares Bitcoin in “Confirmed Bear Market”

11-Feb-2026 ZyCrypto

This analyst believes exchanges will spearhead the next bearish Bitcoin tide, but CZ strongly vouches for Binance

On-chain data from Glassnode indicates that Bitcoin has entered a confirmed bear market, with multiple structural indicators pointing to weakening demand. Also read: Bitcoin Sentiment Turns Fearful Again as Santiment Data Shows Retail Still in Sell Mode
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