Glassnode: Bitcoin Risk Index Shows Rising Callback Pressure, Key Prices at $92,000 and $94,000

Negentropic, co-founder of Glassnode, wrote that bitcoin volatility was low and prices were stable on Monday due to the market closure for the US Presidents Day holiday. However, he cautioned investors to watch the movement of the risk index, which shows that the risk of a potential price correction is rising. Key price concerns are $92,000 and $94,000.