Analysis: Bitcoin’s next key support level is $99,000
ChainCatcher news, glassnode has published a market opinion stating that bitcoin has fallen below the 85% cost basis level (around $109,000), and is currently hovering near $103,500. The next key level is the 75% cost basis (around $99,000), which has historically provided support multiple times in this area.
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
SUI has rewards, buybacks, and a new CEO – What’s still missing is…
10.19 Zhang Lihui: Today's Latest Analysis and Trading Suggestions for Ethereum (ETH)!

A "perfect financial storm" more severe than 2008 is brewing? 'Dr. Doom' warns: $8.3 trillion in low-interest mortgages have already suffered $2 trillion in paper losses.
Peter Schiff warns that a "perfect financial storm" more severe than 2008 is brewing.

