Analyst: On-chain costs indicate significant selling pressure for Bitcoin above $61,000, with $55,600 being an important support level
ChainCatcher message, CryptoQuant analyst @tugbachain stated that on-chain costs show significant selling pressure for Bitcoin between $61,000 and $72,000. Additionally, $55,600 is an important support level; if it falls below this point, the market will "deepen the decline."
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