Bitcoin’s Recovery Isn’t Here Yet – Here’s What Still Needs to Flip

Bitcoin climbed back to $68,000 after several days of decline, as markets reacted positively to Donald Trump’s State of the Union remarks. The crypto asset added fresh 4% gains on Thursday. But data shows that BTC is still trapped in a structurally defensive consolidation, as the price oscillates between the $60,000 and $69,000, which is being deemed as the main demand zone. In fact, Glassnode experts stated th…