Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Bitcoin: Glassnode identifies a resistance at $87,700 and a support at $80,000

Picture: 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 .

You are reading an excerpt. Cointribune wrote and owns the full article.

Continue reading at cointribune.com

Related stories

Glassnode Observes Bitcoin Boxed In

Bitcoin is boxed in between $80K and $87K as Glassnode highlights crucial price levels. Here's why traders should pay attention. Bitcoin is currently boxed in a narrow trading…

Coinfomania

More crypto news

All Crypto & Bitcoin