Bitcoin long-term resistance in focus as analysis sees selling risk above $85K
Analysts at Glassnode have pointed to $85,000 as the lower edge of a cost-basis range held by long-term Bitcoin investors, a level they see as a possible source of selling pressure. At publication, BTC traded near $80,268, and since then it has slipped 0.9%.
Source: Cointelegraph · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story−2.89% since the news
Price at the news$80,267.82
First hour after−0.12%
Since the news−2.89%
Volume that hour0.9× normal
Headline and excerpt credited to Cointelegraph. Prices on this page are live, not from the time of the story. Not financial advice.