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Analysis: Bitcoin has strong support at $68,500

Analysis: Bitcoin has strong support at $68,500

Bitget2024/10/21 08:45

According to IntoTheBlock, as Bitcoin consolidates near its previous historical high, over 320,000 active addresses are trading within this price range.

It's worth noting that the average purchase price of about 220,000 addresses is approximately $68,500. This indicates a strong interest and potential support at this key level.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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