Glassnode: Bitcoin Forms Important Support in $975-$99,000 Range, Costs Short-Term Holders Around $92,000
Bitget2025/02/05 19:26
Analysis shows that the $975-$99,000 range is forming a significant support level, well above the short-term cost basis for holders (~$92,000). Should the price fall below $975,000, unrealized losses would increase significantly, potentially exacerbating downside risks.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Analyst: Bitcoin's Market Capitalization Needs to Exceed 70% to Start a New “Cottage Season”
Bitget•2025/02/05 21:18
Dollar index down 0.35% in 5 days
Bitget•2025/02/05 21:18
Three major U.S. stock indexes closed collectively higher
Bitget•2025/02/05 21:16
ECB Governing Council: supports gradual rate cut of 25 bps
Bitget•2025/02/05 21:16
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$97,282.86
+0.25%
Ethereum
ETH
$2,780.07
+4.14%
Tether USDt
USDT
$0.9998
-0.02%
XRP
XRP
$2.42
-0.78%
Solana
SOL
$199.75
-1.98%
BNB
BNB
$570.93
+1.96%
USDC
USDC
$0.9996
-0.01%
Dogecoin
DOGE
$0.2584
+0.60%
Cardano
ADA
$0.7421
+2.14%
TRON
TRX
$0.2230
+0.55%
Bitget pre-market
Buy or sell coins before they are listed, including PLUME, J, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now