Bitcoin enters early recovery as Q4 outlook turns constructive

Photo: TokenPost
Bitcoin moved beyond a bottoming process into an early recovery. Market sentiment and long-term holding trends improved, though macroeconomic conditions and supply dynamics remain key factors through year-end. In its “Coinbase + Glassnode: Charting Crypto Q4 2026” report published on October 15, 2026, Glassnode said bitcoin entered an early recovery during the third quarter despite renewed Fed tightening and rising long-term Treasury yields. The analysis combined on-chain, market and macroeconomic data through the end of September. The report first examined the macro backdrop and fund flows before assessing bitcoin’s on-chain and derivatives data and Ethereum’s market and network activity.
Source: TokenPost







