Bitcoin enters early recovery as Q4 outlook turns constructive

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. Its fourth-quarter outlook was constructive while noting reasons for near-term caution. The full report is available as a free PDF.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.