ANALYSIS: Bitcoin's $88,000 Cost to Short-Term Holders Remains a Key Support Level
Bitget2025/01/09 22:48
Bitcoin's short-term cost price for holders ($88,000) remains a key support level, glassnode said in a post on the X platform. The URPD (Utrealized Price Distribution) indicator suggests that a drop below this cost price and thin volume below this support level would mean a lack of buying support and the price could accelerate down.
4
4
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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!