Glassnode: The next key resistance level for BTC is around $108,500
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!
Jinse Finance reported, according to Glassnode data, Bitcoin has successfully rebounded from the 75th percentile cost basis (around $100,000), and is currently consolidating near $106,200. The next key resistance level is the 85th percentile cost basis (around $108,500), which has historically acted as strong resistance during recovery rallies.
0
1
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
$73,477.19
-0.47%
Ethereum
ETH
$2,047
-0.76%
Tether USDt
USDT
$0.9988
-0.00%
BNB
BNB
$672.76
-0.58%
USDC
USDC
$0.9998
+0.01%
XRP
XRP
$1.04
-1.27%
Solana
SOL
$82.78
-0.06%
TRON
TRX
$0.3165
-0.25%
Hyperliquid
HYPE
$71.24
-1.04%
Zcash
ZEC
$988.47
+0.92%
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