Bitcoin Price Trading Within Dense Supply Cluster — What Lies Beyond $100K?

Bitcoin Price Trading Within Dense Supply Cluster — What Lies Beyond $100K?

After two weeks of strong action, the Bitcoin price seems to be back on the right track, and the bull run — which once looked done and dusted — appears to be roaring back to life. This previously improbable recovery is now accentuated by the premier cryptocurrency’s likely return to above the important $100,000 level. However, the Bitcoin price appears to have its hands full in its quest for a six-figure valuation in the near future. The latest on-chain data suggests that the market leader’s price is currently wedged within a significant range, which could determine its movement over the....


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Here’s The Bitcoin Support Range To Watch If Price Decline Continues

Data shows this narrow Bitcoin price range hosts a few key BTC lines, something that could make the range an important support cluster. $94,000 To $97,900 Range Contains Different Bitcoin Price Models In a new post on X, CryptoQuant author Axel Adler Jr has talked about where the nearest support cluster lies for Bitcoin. The […]

This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says

The on-chain analytics firm Glassnode has explained how the Bitcoin investor Cost Basis Distribution could highlight this level as an important one. A Notable Amount Of Bitcoin Has Cost Basis At $106,600 In a new post on X, Glassnode has talked about the Bitcoin Cost Basis Distribution for the levels nearby to the current spot price. The “Cost Basis Distribution” (CBD) here refers to an on-chain indicator that tells us about how much of the asset’s supply was purchased at what price levels. Related Reading: Bitcoin At $103,000 Relatively Cool Per This Indicator, Quant....

S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021

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New Deloitte Virtual Technology Cluster for Healthcare Can Assist Blockchain Startups

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