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BTC $61,196.29 -2.38%
ETH $1,619.98 -3.04%
BNB $583.09 -2.61%
XRP $1.11 -4.41%
SOL $63.35 -4.20%
TRX $0.3224 +0.48%
DOGE $0.0833 -2.31%
ADA $0.1593 -4.54%
BCH $196.78 -4.73%
LINK $7.66 -2.50%
HYPE $55.46 -10.51%
AAVE $61.05 -1.61%
SUI $0.7373 -1.08%
XLM $0.1848 -6.20%
ZEC $417.60 -11.51%

Glassnode: The Bitcoin cost concentration zone of $96,000 to $98,000 may serve as a strong resistance level

2025-02-28 00:22:08
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ChainCatcher message, Glassnode posted on social media, "During the period from the end of December 2024 to February 2025, there has been strong accumulation in the $96,000 to $98,000 range. While some addresses within these price ranges are reallocating their BTC, this supply cluster remains very dense------if we return to this level again, it could become a strong resistance level."

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