BTC $63,006.27 -0.11%
ETH $1,881.65 -0.05%
BNB $610.54 +0.67%
XRP $1.00 -0.17%
SOL $75.55 +0.12%
TRX $0.3318 -0.15%
DOGE $0.0698 -0.09%
ADA $0.1773 -1.53%
BCH $205.34 +0.79%
LINK $9.60 +7.60%
HYPE $56.98 +1.93%
AAVE $86.74 +0.11%
SUI $0.6813 +0.46%
XLM $0.1590 -0.58%
ZEC $487.87 -0.62%
BTC $63,006.27 -0.11%
ETH $1,881.65 -0.05%
BNB $610.54 +0.67%
XRP $1.00 -0.17%
SOL $75.55 +0.12%
TRX $0.3318 -0.15%
DOGE $0.0698 -0.09%
ADA $0.1773 -1.53%
BCH $205.34 +0.79%
LINK $9.60 +7.60%
HYPE $56.98 +1.93%
AAVE $86.74 +0.11%
SUI $0.6813 +0.46%
XLM $0.1590 -0.58%
ZEC $487.87 -0.62%

Glassnode: The Bitcoin cost concentration zone of $96,000 to $98,000 may serve as a strong resistance level

2025-02-28 00:22:08

ChainCatcher message, Glassnode posted on social media, "During the period from the end of December 2024 to February 2025, there has been strong accumulation in the $96,000 to $98,000 range. While some addresses within these price ranges are reallocating their BTC, this supply cluster remains very dense------if we return to this level again, it could become a strong resistance level."

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