Bitcoin Setting up ‘Meaningful Floors’ in $60K–$70K Range: Analyst
Bitcoin (BTC) showed signs of bottoming inside the $60,000–$70,000 range on Wednesday, according to onchain data shared by a quant analyst. Key takeaways: Nearly 20% of BTC supply now sits between $60,000 and $70,000, strengthening the case for a Bitcoin price floor. Bitcoin’s bear flag still risks a breakdown toward $53,500 unless BTC reclaims a...
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