glassnode: The current support and resistance levels for Bitcoin are $100,600 and $108,500, respectively

glassnode released an analysis stating that the current trading price of Bitcoin is approximately $104,000, situated between the cost percentile ranges of 0.85 and 0.75 (i.e., $108,500 / $100,600).

These price levels typically act as support and resistance zones in history, and once there is a breakout either upwards or downwards from either side, it is highly likely to determine the direction of the next trend.