Bitcoin currently trades near $112,000, finding resistance at $117,000 while market analysts flag the $105,000 level as a critical risk zone. On-chain data reveals significant price memory near this threshold, with the UTXO Cost Basis Histogram indicating peak accumulation at… Read More »Bitcoin Faces Critical $105,000 Support Test Amid Record Open Interest and On-Chain Risks
Bitcoin has established a significant technical support level at the $117,000 price point, where approximately 73,000 BTC are currently held. This accumulation volume indicates strong market confidence and highlights long-term growth expectations amid price fluctuations. On-chain analytics firm Glassnode confirms… Read More »Bitcoin Accumulation at $117,000 Forms Key Market Support with 73,000 BTC Held
Bitcoin recorded a 2% decline, with its price dipping towards $104,970. Market analysts suggest this move is likely a short-lived technical correction rather than the start of a deeper downtrend. On-chain data reveals a significant liquidity cluster forming near the… Read More »Bitcoin Tests $103K Support Zone Amid Geopolitical Uncertainty