On-Chain Analytics Company Glassnode Reveals Resistance Level Where Volatility Will Increase in Bitcoin! Here Are the Details
Photo: Bitcoin Sistemi
On-chain analytics company Glassnode reported that Bitcoin (BTC) continues its sideways price movement in the short term and has yet to break through the critical resistance zone between $87,000 and $87,800. According to the company, a breakout from Bitcoin's current trading range could significantly increase price volatility in the market. Glassnode, in its analysis published on the social media platform X, noted that the Bitcoin price has recently continued to move within a certain range. The analysis firm stated that the levels between $87,000 and $87,800 represent significant resistance in terms of short-term price movements.
Source: Bitcoin Sistemi
