glassnode: The $93,000 to $100,000 range is a key structural support zone for Bitcoin, with the bullish structure remaining intact
According to Foresight News, analysis by glassnode indicates that the $93,000 to $100,000 range remains a key structural support zone for Bitcoin, with intensive accumulation beginning in the first quarter. The price staying above this range suggests that, despite significant short-term volatility, the broader bullish structure remains intact.
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
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

