Data: The $69,000 price level may be a key support area for BTC, with over 464,000 bitcoins purchased in this region
ChainCatcher news: The on-chain data analysis platform IntoTheBlock stated that by tracking the prices at which users purchased Bitcoin, an important support area has formed around the $69,000 price level. In this price range, a total of 1.22 million addresses have historically accumulated over 464,000 Bitcoins, indicating strong historical demand at this price point. Related tags: BTC support zone.
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.
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