Glassnode Report: Bitcoin Finds Strong Support at $117,000 with Robust Buying Momentum
According to ChainCatcher, citing the latest report from on-chain data analytics platform Glassnode, the $117,000 price level for Bitcoin continues to attract strong buying interest, with approximately 73,000 BTC currently held at this cost basis. Each market pullback has been steadily absorbed by investors, indicating robust buying power within this price range.
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
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Trending news
MoreCrypto prices
More
