Spot BTC trading volume has fallen to its lowest level since 2019. Indicators of seller exhaustion in BTC are approaching levels seen near previous bear market bottoms, but spot demand remains weak for now. A drop toward $58,000 cannot be ruled out — Glassnode report.
Glassnode Research – Digital Asset Market Intelligence
Trigger Happy
Bitcoin is wound tight between converging cost-basis levels on the quietest tape since 2019. Sellers are tiring and buyers are absent, yet leverage has already pulled the trigger on a recovery the data does not yet support.
4
2
2August 13, 2026 828
