Data: Bitcoin Has Regained Key Support Level
According to ChainCatcher, citing on-chain data analytics platform Glassnode, bitcoin has reclaimed the 0.85 cost basis range, turning this key risk level into a support level.
Data shows that if buyers can hold this area, market momentum is expected to rebuild from here; however, if this level is lost again, the market may retest lower regions.
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.
You may also like
Elon Musk mentions FLOKI in a tweet, meme coin with the same name surges over 25% in a short time
THENA: Since the launch of THE token, the protocol's total revenue has exceeded $40 million
Ethereum treasury company FG Nexus launches $200 million stock buyback program
Trending news
MoreCrypto prices
More
