🚀 Bitcoin's Price Adventure: Key Levels to Watch! 🚀
Attention, BTC enthusiasts! Glassnode's latest analysis reveals pivotal price levels that could shape Bitcoin's journey in the coming weeks. Will we see a massive correction or a resilient rally? 🤔
🔍 Key Insight: The Cost Basis Distribution (CBD) metric highlights a dense supply zone between $88,100 and $103,000. Many investors are cashing in here, but below lies an "air gap" from $70,000 to $88,100, a potential bottom discovery region.
💡 Silver Lining: If BTC dips to $70,000, eager buyers might seize the opportunity, anticipating gains when BTC soars past $100,000 again!
Stay tuned for Bitcoin's next move! 🌟