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Analysis: Bitcoin may have potential support at $68,500

Analysis: Bitcoin may have potential support at $68,500

CointimeCointime2024/10/21 08:06
By:Cointime

According to a report from IntoTheBlock, as Bitcoin consolidates near its previous all-time high, over 320,000 active addresses have been trading within this price range. It is worth noting that the average buy price for 220,000 of these addresses is around $68,500, indicating strong interest and potential support at this key level.

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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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