BTC $79,493.82 -0.59%
ETH $2,493.83 -0.36%
BNB $745.33 -1.58%
XRP $1.41 -1.30%
SOL $105.29 -1.42%
TRX $0.3353 +0.10%
DOGE $0.0903 +0.57%
ADA $0.2213 -0.02%
BCH $257.83 -0.71%
LINK $13.23 +7.29%
HYPE $88.16 -1.26%
AAVE $135.02 -0.64%
SUI $0.8319 +3.85%
XLM $0.1948 +4.36%
ZEC $1,195.76 +1.73%
BTC $79,493.82 -0.59%
ETH $2,493.83 -0.36%
BNB $745.33 -1.58%
XRP $1.41 -1.30%
SOL $105.29 -1.42%
TRX $0.3353 +0.10%
DOGE $0.0903 +0.57%
ADA $0.2213 -0.02%
BCH $257.83 -0.71%
LINK $13.23 +7.29%
HYPE $88.16 -1.26%
AAVE $135.02 -0.64%
SUI $0.8319 +3.85%
XLM $0.1948 +4.36%
ZEC $1,195.76 +1.73%

Glassnode: The Bitcoin cost concentration zone of $96,000 to $98,000 may serve as a strong resistance level

2025-02-28 00:22:08

ChainCatcher message, Glassnode posted on social media, "During the period from the end of December 2024 to February 2025, there has been strong accumulation in the $96,000 to $98,000 range. While some addresses within these price ranges are reallocating their BTC, this supply cluster remains very dense------if we return to this level again, it could become a strong resistance level."

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