Data: Bitcoin Has Regained Key Support Level
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$81,618.84
+1.64%
Ethereum
ETH
$2,659.84
+3.39%
Tether USDt
USDT
$0.9998
+0.01%
BNB
BNB
$771.48
+2.73%
XRP
XRP
$1.44
+4.21%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$111.79
+2.91%
TRON
TRX
$0.3429
+0.69%
Zcash
ZEC
$1,497.76
+3.07%
Hyperliquid
HYPE
$94.02
+3.05%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now