Glassnode reports BTC at $59740.16 after sweeping February and June lows, with options data exposing positioning and volatility beneath the surface.

According to Michaël van de Poppe, the Bitcoin market has not yet peaked and is just beginning to rise. He suggests that the real inflection point for Bitcoin is still forthcoming, indicating potential for further growth. This analysis is crucial for traders considering entry points in the current market landscape. Source: Michaël van de Poppe (@CryptoMichNL).