Bitcoin: Glassnode identifies a resistance at $87,700 and a support at $80,000
Photo: Cointribune
The cryptocurrency market faces a significant obstacle, as several groups of investors seek to recover their purchase price. According to Glassnode, this situation is currently slowing Bitcoin's progress to around $87,700. Holders who entered the market recently exert selling pressure when prices reach their breakeven threshold. Meanwhile, on-chain data reveal several support levels likely to influence the market's next movement. L’article Bitcoin: Glassnode identifies a resistance at $87,700 and a support at $80,000 est apparu en premier sur Cointribune .
Source: Cointribune
