Analysis: Bitcoin has strong support at $68,500
According to IntoTheBlock, as Bitcoin consolidates near its previous historical high, over 320,000 active addresses are trading within this price range.
It's worth noting that the average purchase price of about 220,000 addresses is approximately $68,500. This indicates a strong interest and potential support at this key level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Metaplanet has not increased its bitcoin holdings since September 30.
Trump's post contains "$BIG", sparking market speculation about him launching another meme coin
Data: Twenty One Capital transfers 43,122 BTC to a new wallet, valued at approximately $3.94 billions
Trending news
MoreCrypto prices
More
