Glassnode sees $95K to $97K as Bitcoin’s next major test
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Bitcoin Price Eyes $96.7K as ETF Demand and Spot Volume Rise
Bitcoin has pushed above the cost-basis levels that capped its recovery earlier this year, while ETF demand, stronger spot volume, and restrained profit-taking improve the market setup. With a massive quarterly options expiry now passing through the market, the next major onchain resistance sits near $96,700. Bitcoin Price Clears Key Cost Bases as $14B Options […]
Bitcoin is above the realized price and 77,000 dollars, but Glassnode sees resistance around 96,700 dollars; ETF inflows must carry the rally. The post Bitcoin above 77,000 dollars: resistance around 96,700 awaits was written by Nadia Voortman and first appeared on Bitcoinmagazine.nl.
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Cryptocurrency News | Cryptocurrency Prices | Market CapGlassnode sees $95K to $97K as Bitcoin’s next major test
Bitcoin could test $95,000 to $97,000 as ETF inflows strengthen, spot volume rises and leverage remains relatively subdued, Glassnode says.
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