Glassnode: Bitcoin Forms Important Support in $975-$99,000 Range, Costs Short-Term Holders Around $92,000
Analysis shows that the $975-$99,000 range is forming a significant support level, well above the short-term cost basis for holders (~$92,000). Should the price fall below $975,000, unrealized losses would increase significantly, potentially exacerbating downside risks.
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
Bank of America raises Dell Technologies' target price to $600
Thailand adopts crypto Travel Rule with self-custodial wallet checks
Sea Insider Sold Shares Worth $340,316, According to a Recent SEC Filing
Sea Insider Sold Shares Worth $4,549,638, According to a Recent SEC Filing
Crypto prices
More
