Analysis: Bitcoin price has strong bottom support in the event of a potential pullback
ChainCatcher message, according to glassnode data, the BTC price is currently maintaining above the cost basis of all short-term holders (STH) subgroups, with the cost basis ranging from $110,000 to $117,000 over a 24-hour to 3-month period. This price area overlaps with a low trading volume area, indicating strong bottom support in the event of a potential pullback.
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